Reported about 9 hours ago
TMC The Metals Company sees its stock fall by 8.6% following a disappointing second-quarter earnings report where it posted a net loss and delayed the start of mining operations to Q4 2027. Some investors expected earlier commencement and are taking profits despite the company's significant long-term potential. The stock remains up 339% year-to-date, but uncertainty surrounding permitting and future timelines is creating concern.
Source: YAHOO