Will meta materials stock go up11/16/2023 ![]() ![]() This doesn’t mean that you have to load up on shares of Meta Materials. There’s also a much longer investor presentation if you want to delve further into the details. It’s really not hard to understand, though the company even provides a two-page document that sums things up quite nicely. The downturn in MMAT stock is probably a function of people’s lack of knowledge about what exactly Meta Materials produces. Traders Probably Don’t Understand Meta Materials’ Business According to Meta Materials, it’s “one of the first companies to develop proprietary roll-to-roll production equipment to produce large area, high volume nanocomposites.” This means the company can get needed materials to market quickly - and in large quantities. Plus, the company is an early and ambitious mover. Believe it or not, the company has 288 issued patents and 450 “active patent documents.” In fact, Meta Materials is decisively staking its claim in this niche market. nanocomposites and functional materials industry. This seems like an injustice, as the company is one of very few pure plays on the U.S. Still, the shares have lost an excessive amount of value since that time.Īs of early November, shares are holding just above $1 per share. Perhaps this was a result of meme-stock mania. InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s Perplexing That MMAT Stock Is FallingĪstonishingly, MMAT stock was worth $12 per share at one point last summer. But if you can handle the volatility, investing in MMAT stock should provide some material rewards over the long run. ![]() You don’t have to be a scientist or an engineer to appreciate Meta Materials’ growth potential, either. Once you understand Meta Materials’ business, however, you may be compelled to take a long position in shares. Sometimes, financial traders don’t buy a stock only because they don’t really understand what the company does. As such, MMAT stock has the potential to go into the double digits in five years. Plus, its products have a wide variety of applications, meaning Meta Materials’ revenue should grow over time. The company has millions of dollars’ worth of purchase orders. A prototype of a nanostructured metamaterial in a lab setting.įor the time being, Meta Materials (NASDAQ: MMAT) isn’t getting its due respect on Wall Street. ![]()
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