Why Meta Materials Shares Are Popping Off Today

Shares of Meta Materials Inc MMAT, are trading higher Tuesday morning, not seeing company-specific news from the session.

Editor's note: A prior version of this article had incorrectly attributed the stock movement to strength in oil prices. Meta Materials does not operate in the oil space.

Meta Materials delivers previously unachievable performance, across a range of applications, by inventing, designing, developing and manufacturing sustainable, highly functional materials.

Meta Materials' extensive technology platform enables global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive and clean energy.

Meta Materials shares are trading higher by 23.4% at $3.94. Meta Materials has a 52-week high of $21.76 and a 52-week low of $0.42.