MP Materials Earnings Are in Focus as Rare-Earth Rally Fades

The past month has been wild for MP Materials and other rare-earth stocks. Coming into Thursday trading, shares of MP Materials, the largest rare- earth producer in the Western Hemisphere, and aspiring rare earth miners Ramaco Resource and USA Rare Earth s were down an average of 34% over the past month. MP stock, however, was up a solid 3.3% in premarket trading on Thursday, only to close down 5.4% at $51.95.