Why Torchlight Stock Is Blazing Higher Today

Benzinga2021-06-21

Torchlight Energy Resources Inc TRCH is trading significantly higher Monday morning after the company provided an update on its proposed business combination withMetamaterial IncMMATF.

What Happened: The two companies announced an agreement to extend the date by which Torchlight and Metamaterial must close their business combination transaction to June 30.

The extension provides time for the record and payment dates of the special stock dividend to occur. The payment date for the special stock dividend will be June 25.

Price Action: Torchlight has traded as low as 21 cents over a 52-week period. The oil and gas exploration company is making a new 52-week high in premarket trading today.

At last check Monday, the stock was up 39.40% at $8.74.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Tyngster
2021-06-22
Tyngster
??
DeEn
2021-06-22
DeEn
Smsm
Tracylibra
2021-06-21
Tracylibra
現在賣嗎？
Connieyu
2021-06-21
Connieyu
Cool
Watercloset
2021-06-21
Watercloset
Like and comment [Smile]
- Lewis1983:
  Sure
Turtlebizkit
2021-06-21
Turtlebizkit
Missed it again... [Spurting]

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1167597265?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-21 20:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1167597265","market":"us","top_or_hot":-1,"title":"Why Torchlight Stock Is Blazing Higher Today","media":"Benzinga","content":"<p><b>T</b><b>orchlight Energy Resources Inc</b>&nbsp;TRCH&nbsp;is trading significantly higher Monday morning after the company provided an update on its proposed business combination with<b>Metamaterial Inc</b>MMATF.</p>\n<p><img src=\"https://static.tigerbbs.com/902076d62a21d2e1a3034b6d6aafb359\" tg-width=\"719\" tg-height=\"495\"></p>\n<p><b>What Happened:</b>&nbsp;The two companies announced an agreement&nbsp;to&nbsp;extend the date by which Torchlight and Metamaterial must close their business combination transaction to June 30.</p>\n<p>The extension provides&nbsp;time for the&nbsp;record and&nbsp;payment dates of the special stock dividend to occur.&nbsp;The payment date for the special stock dividend will be June 25.</p>\n<p><b>Price Action:</b>&nbsp;Torchlight has traded as low as 21 cents over a 52-week period. The oil and gas exploration company&nbsp;is making a new 52-week high in premarket trading today.</p>\n<p>At last check Monday, the stock was up 39.40% at $8.74.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Torchlight Stock Is Blazing Higher Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Torchlight Stock Is Blazing Higher Today\n</h2>\n\n<h4 class=\"meta\">\n\n2021-06-21 20:51 北京时间&nbsp;&nbsp;&nbsp;<strong>Benzinga</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Torchlight Energy Resources Inc TRCH is trading significantly higher Monday morning after the company provided an update on its proposed business combination withMetamaterial IncMMATF.\n\nWhat Happened:...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMAT","symbol_name":"Meta Materials Inc.","start_time":0,"source_url":null,"article_id":"1167597265","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1167597265","pubTimestamp":1624279909,"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Torchlight Energy Resources Inc TRCH is trading significantly higher Monday morning after the compan","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MMAT":"Meta Materials Inc."},"translate_title":"为什么火炬公司今天的股票会涨得更高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MMAT":0.9,"TRCH":0.9},"content_text":"Torchlight Energy Resources Inc TRCH is trading significantly higher Monday morning after the company provided an update on its proposed business combination withMetamaterial IncMMATF.\n\nWhat Happened: The two companies announced an agreement to extend the date by which Torchlight and Metamaterial must close their business combination transaction to June 30.\nThe extension provides time for the record and payment dates of the special stock dividend to occur. The payment date for the special stock dividend will be June 25.\nPrice Action: Torchlight has traded as low as 21 cents over a 52-week period. The oil and gas exploration company is making a new 52-week high in premarket trading today.\nAt last check Monday, the stock was up 39.40% at $8.74.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":120480313,"gmtCreate":1624332120932,"gmtModify":1703833733539,"author":{"id":"3576568597940351","authorId":"3576568597940351","name":"Tyngster","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120480313","repostId":1167597265,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120387703,"gmtCreate":1624300420702,"gmtModify":1703832909775,"author":{"id":"3585261818160789","authorId":"3585261818160789","name":"DeEn","avatar":"https://static.tigerbbs.com/b8c7491695b9431cd93759da1a685ca2","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Smsm","listText":"Smsm","text":"Smsm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120387703","repostId":1167597265,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120069419,"gmtCreate":1624288554931,"gmtModify":1703832636011,"author":{"id":"3574981499031835","authorId":"3574981499031835","name":"Tracylibra","avatar":"https://static.tigerbbs.com/86911516606d57b32f27c0af757ea63f","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"現在賣嗎？","listText":"現在賣嗎？","text":"現在賣嗎？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120069419","repostId":1167597265,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":120034957,"gmtCreate":1624287677279,"gmtModify":1703832602056,"author":{"id":"3576103774454372","authorId":"3576103774454372","name":"Connieyu","avatar":"https://static.tigerbbs.com/e605aea525063b130ee9cc2181f4272e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120034957","repostId":1167597265,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":167780861,"gmtCreate":1624284764853,"gmtModify":1703832480233,"author":{"id":"3584092741735483","authorId":"3584092741735483","name":"Watercloset","avatar":"https://static.tigerbbs.com/1d1d0d3c3e687a60e8491fa5601ea354","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment [Smile]&nbsp;","listText":"Like and comment [Smile]&nbsp;","text":"Like and comment [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/167780861","repostId":1167597265,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4941416,"gmtCreate":1624315634372,"gmtModify":1663229650370,"authorId":3570667103076911,"author":{"id":3570667103076911,"authorId":3570667103076911,"name":"Lewis1983","avatar":"https://static.tigerbbs.com/099e9d25c1e6a93e2189500df30fc185","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":167780861,"type":1,"supId":0,"prevId":0,"content":"Sure","text":"Sure","html":"Sure"}],"langContent":"EN"},{"id":167798861,"gmtCreate":1624284060453,"gmtModify":1703832442559,"author":{"id":"3579141181798233","authorId":"3579141181798233","name":"Turtlebizkit","avatar":"https://static.tigerbbs.com/ae37619873125a6a1b1b6c86916c6c23","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Missed it again... [Spurting]&nbsp;","listText":"Missed it again... [Spurting]&nbsp;","text":"Missed it again... [Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167798861","repostId":1167597265,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":54,"commentSize":15,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1167597265"}