Why TMC The Metals Company Stock Sank 10% Last Month and Has Kept Falling in August
TMC stock is still up 378% year to date, but the stock has been slipping as investors weigh the implications of U.S.-China trade negotiations. TMC The Metals Company (TMC -4.80%) stock got hit with a significant pullback in July's trading. The company's share price slumped 10% in a month of trading that saw the S&P 500 index rise 2.2% and the Nasdaq Composite index jump 3.7%. While the broader market rose in relation to developments that suggested that the U.S. and China could be moving closer to a trade de ...