Just saw Meta Materials (MMAT) just got absolutely wrecked - filed for liquidation bankruptcy and the stock tanked 73% to like $0.56 before bouncing back. Crazy part is it was at $26.95 just a year ago, so we're talking a 95% collapse here. The whole company's liquidating, all employees gone including the CEO, board resigned too. And there's this whole SEC thing going on - the company got hit with a $1M fine for allegedly pumping the stock artificially, and the feds are still chasing the former CEOs for orchestrating some kind of short squeeze scheme before a merger. This metamaterials news is honestly wild. Basically the company cut 80% of staff back in May and now it's just... done. Not sure why anyone would touch this thing at this point given the bankruptcy proceedings ahead. Pretty brutal reminder of how fast things can fall apart in this space.

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