![]() Torchlight said last week it would raise $100 million by selling its shares, following in the footsteps of other beneficiaries of meme stock rallies such as GameStop Corp and AMC Entertainment Holdings. TRCH : 4.95 (+4.21) Update on Proxy Solicitation for Special Meeting of Stockholders for Metamaterial Transaction AccessWire - Tue May 25, 2021. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced the results from the special meeting of its. Torchlight shares, which have mostly been on the rise since June 11, pared some gains but were still up 30% at $8.13 at 11:08 am E.T. PLANO, TX / ACCESSWIRE / J/ Torchlight Energy Resources, Inc. The stock also had a short interest of 24.7% of freefloat, latest data from analytics company Ortex showed.Īfter losing $71 million last week, short-sellers had lost another $138 million on Monday after Torchlight hit a record high of $10.88 per share, according to Ortex. Latest stock price today and the US's most active stock market forums. bit.ly/35D7KAnĭata from brokerage Fidelity showed Torchlight was the second most traded stock on its platform on Friday, with buy orders outnumbering sell 1.6-to-1. (Nasdaq:TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of. MMAT FINAL DEADLINE ALERT: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Meta Materials Inc. The market capitalization, commonly called market cap, is the total market value of a publicly traded companys outstanding shares and is commonly used to. Message volumes on Stocktwits related to Torchlight rose 14%, with more than 98% reflecting positive sentiment toward the oil and gas explorer's shares. ![]() Torchlight Energy (TRCH) -5 post-market after announcing a one-for-two reverse stock split and confirming that its merger with Metamaterial will take effect on June 28.On that date, the company will become Meta Materials and begin trading on Nasdaq with the MMAT ticker.'We. ![]() Torchlight, an oil and gas producer that is being bought by industrial materials maker Metamaterial Inc, was also the most discussed stock on trading-focused social media site Stocktwits, a platform commonly seen as a measure of interest from small time investors. Torchlight seals Metamaterial merger deal, implements reverse split. More than 196 million shares in the company, which authorized a $100 million stock sale last week, changed hands, over six times their 25-day average trading volumes and making it the most heavily traded stock on the Nasdaq. (Reuters) -Shares of Torchlight Energy Inc rose as much as 74% to a record high of $10.88 on Monday as it became the latest company to grab the attention of the Reddit pack of small-time social media driven investors.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |