TMC Stock soars as Buzz expands on The Metals Company. What investors are saying today.

The metals society (NASDAQ:TMC) Stocks are on the move Thursday as memes traders continue to push stocks higher.

Source: Dmitry Demidovich / ShutterStock.com

The Metals Company has had a wild ride since going public on September 10. This is because the company didn’t get as much money as it hoped from the merger of its Special Purpose Acquisition Company (SPAC) with Sustainable Opportunities Acquisition.

So why is this generating so much interest among meme stock traders? To put it simply, the massive number of investors who have pulled out of funding has left it with little float. As we already know, low float businesses are ripe for manipulation by memes and retail marketers. This seems to be what’s been happening with TMC stocks lately.

With that in mind, let’s take a look at what marketers are saying about TMC on social media.

TMC Stock Twitter Discussion

With meme and retail traders behind the TMC stock rally, it’s no surprise that stocks are trading intensely today. As of this writing, over 25 million shares have changed hands. That’s well above its average daily trading volume of around 8.9 million shares.

Of course, investors will want to be careful before embarking on the TMC stock rally. Often, stocks that are inflated in this manner do not last long before a drop ensues. Be careful not to be among the traders holding the bag.

TMC stock was up 20% on Thursday morning.

There is more stock market news investors will want to know below!

We have all the latest stock market news traders need to know through our daily market coverage. For today, this includes what is happening with the actions of Palantir Technologies (NYSE:PLTR), AMC Entertainment (NYSE:AMC), and Offer solutions (NYSE:OPAD). You can get all these details at the following links!

More stock market news for Thursday

At the date of publication, William White did not hold (directly or indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, submitted to InvestorPlace.com Publication guidelines.

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