Shares of Meta Materials (NASDAQ: MMAT) surged in pre-market trading on Monday as the nanocomposites and functional materials company announced on Friday that it was looking at a public offering worth $250 million. Meta Materials has been on a downslide in the past year and the stock has more than halved in value. Earlier this month, the company announced its Q3 results. MMAT's revenues soared 329% year-over-year to $2.5 million while the loss came in at $0.07 per share versus a loss of $0.04 in the same period last year.
https://www.tipranks.com/news/meta-materials-surges-after-public-offering?utm_source=advfn.com&utm_medium=referral
Meta Materials (NASDAQ:MMAT)
Historical Stock Chart
From May 2023 to Jun 2023 Click Here for more Meta Materials Charts.
Meta Materials (NASDAQ:MMAT)
Historical Stock Chart
From Jun 2022 to Jun 2023 Click Here for more Meta Materials Charts.