Why Shares of TMC The Metals Company Are Soaring Today
The company reported no news today. So why are investors so happy?Starting the week on an inauspicious note, shares of TMC The Metals Company (TMC +12.89%) closed 9.7% lower yesterday, compared to their closing price at the end of last Friday's trading session. Today, though, they're driving in the other direction. As of 10:37 a.m. ET, shares of The Metals Company are up 14.7%.However, those who suspect that the company reported something positive today may be surprised to find that it's not a company annou ...