Why TMC The Metals Company Stock Sank 10% Last Month and Has Kept Falling in August

TMC The Metals Company (NASDAQ: TMC) experienced a notable 10% decline in its stock price during July, contrasting with the S&P 500 and Nasdaq Composite’s gains of 2.2% and 3.7%, respectively. This pullback followed a significant valuation surge earlier in the year and occurred amidst positive market developments regarding potential U.S.-China trade negotiations.

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