TMC stock drops 5% as NOAA’s seabed-mining deadlines come into focus
Shares of TMC the metals company fell about 5% to $6.48 in thin year-end trading Monday. The National Oceanic and Atmospheric Administration is taking public comments through Feb. 23 on two deep-sea exploration license applications tied to TMC’s U.S. unit. NOAA will hold virtual hearings Jan. 27 and 28.