Why TMC The Metals Company Stock Is Plummeting Today

TMC The Metals Company (NASDAQ: TMC) stock is falling in Friday's trading following the company's recent earnings report. TMC's share price was down 8.6% as of 10:45 a.m. ET and had been off as much as 12.2% earlier in trading.TMC reported its second-quarter results, issued business updates, and held an investor conference call after the market closed yesterday. While the company issued some generally encouraging commentary on its path to beginning commercial operations, some investors appear to be unhappy with the timeline. Despite the post-earnings sell-off today, the stock is still up roughly 339% year to date as of this writing.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool