MP Materials’ stock surged on Friday after the miner narrowed its losses in the second quarter on record production of a key rare earth oxide, raising hopes among investors that the company is moving toward profitability after a big investment by the Defense Department.
Shares of MP were last up about 9% before the market open.
1 Comment
MP Materials’ stock surged on Friday after the miner narrowed its losses in the second quarter on record production of a key rare earth oxide, raising hopes among investors that the company is moving toward profitability after a big investment by the Defense Department.
Shares of MP were last up about 9% before the market open.
More details: [https://cnb.cx/4mrqLLs](https://cnb.cx/4mrqLLs)