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Here's Why Meta Materials Stock Soared 32.9% Last Month

TheMotleyFool

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Here's Why Meta Materials Stock Soared 32.9% Last Month

Shares of Meta Materials (NASDAQ: MMAT) gained 32.9% in August, according to data from S&P Global Market Intelligence. The company had acquisitions news to announce and published second-quarter results in the month, but it appears that increased buying from investors aiming to trigger a short squeeze played the biggest role in the gains.