TMC the metals company Inc. ( (TMC) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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TMC the metals company Inc. shares have been climbing as traders pile into bullish options, sending call trading volumes far above normal and driving implied volatility sharply higher. This surge in speculative activity is tied to a near-term catalyst: upcoming earnings on March 26 and a recently reported federal application to explore seabed mining, both of which have fueled optimism about the company’s future prospects. The combination of these news events and aggressive options positioning has amplified the stock’s recent gains and drawn increased attention from short‑term traders and investors alike.
More about TMC the metals company Inc.
YTD Price Performance: 17.02%
Average Trading Volume: 8,971,338
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.99B
For further insights into TMC stock on TipRanks’ Stock Analysis page.
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