TMC The Metals Company (NASDAQ: TMC) stock posted another day of strong gains in Thursday’s trading. The deep sea mining company’s share price was up 11.4% in the daily session. Meanwhile, the S&P 500 and Nasdaq Composite climbed 0.8% and 1%, respectively.
TMC stock enjoyed a bullish market backdrop today as the S&P 500 and Nasdaq Composite both went on to set new record highs. While there wasn’t any business-specific news pushing the company’s share price higher, a stronger-than-expected June jobs report and other catalysts played a role in raising the company’s share price.
Image source: Getty Images.