The report is expected to provide additional information on the status of U.S. stock futures were trending higher on Friday as investors await the latest release of Personal Consumption Expenditures (PCE) data. 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 plan to continue our efforts related to our.įriday’s Pre-Market: Here’s What You Need to Know Before the Market Opens Torchlight seals Metamaterial merger deal, implements reverse split

capital markets, Metamaterial Inc, a smart materials and photonics company, last year agreed to merge with Torchlight, an oil and gas producer. In a reverse takeover to list on the Nasdaq and access the U.S. The shares, however, gave up some of the gains after the company upsized its stock offering. Torchlight's stock rose as high as 74% last Monday as retail investors piled into the stock with record volumes. Shares of Meta Material, formerly Torchlight, reverse to trade down 20% The pandemic-led recession brought massive financial distress to the global market. You can skip our detailed analysis of these companies and go directly to the 5 Best Very Cheap Stocks to Buy Right Now. In this article, we will take a look at the 15 best very cheap stocks to buy right now. inflation data.ġ5 Best Very Cheap Stocks to Buy Right Now A cool-down in the bullish momentum comes after the major indices reached record highs last week on weaker-than-expected U.S. The Dow Jones Industrial Average futures was down 0.15%, Nasdaq Futures up 0.17% and S&P 500 down 0.03% at the time of writing, pointing to a cautious open later in the day. Those concerns are curtailing any movement to the upside, following last week’s bounce-back. A spike in coronavirus in Asia and Australia appears to be fueling some concerns.

stock futures were flat Monday morning, as caution hit the market amid a spike in coronavirus cases in some of the key markets around the world. Monday’s Pre-Market: Here’s What You Need to Know Before the Market Opens Below are the latest news stories about Torchlight Energy Resources Inc that investors may wish to consider to help them evaluate TRCH as an investment opportunity.

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