MMAT - Meta Materials (MMAT) Stock Is Up 50%: What's Going On? | Benzinga
Meta Materials Inc (NASDAQ:MMAT) shares are trading higher by 52.6% to $3.51 during Tuesday’s session after the company late Monday announced an update on its investigation into potential naked short selling, which began in June 2023.
The company initially hired Shareholder Intelligence Services to analyze trading patterns of its stock. Following this analysis, META employed the law firms Christian Attar and Warshaw Burstein to investigate the claims.
After the investigation, the lawyers confirmed that META has valid claims of market manipulation against several parties. James ...
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