Apple Inks $500M Deal With the Only US Rare Earth Miner
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Shares of USA Rare Earth stock are down 7.1% through 1:55 p.m. ET Wednesday, and the reason is simple: USA Rare Earth is not MP Materials. Not even close.
USA Rare Earth's business plan shows potential and the stock has traded fairly well so far. Read why I'd sell USAR stock into any rallies.
After nearly doubling in value over the last week and closing at a record high Wednesday, shares of MP Materials are sinking premarket Thursday after the rare earths miner announced plans to sell new stock.