TMC the metals company Inc is trading 4.3% down at $5.86 as a broader retreat in crypto and speculative assets triggers profit-taking following a sharp multi-day rally.
- The pullback follows a 2–4% decline in Bitcoin and Ethereum, which has weighed on high-beta and crypto-linked names.
- Broader tech and growth stocks are facing risk-off sentiment following disappointing AI-chip headlines, prompting investors to lock in gains.