Why MP Materials Stock Just Popped Big-Time
MP Materials (NYSE: MP) stock soared 18.7% through 9:55 a.m. ET Monday after China threatened to throttle rare-earth exports to the United States -- making developing a domestic rare-earth mining and refining industry more urgent than ever.
President Donald Trump tried to reassure investors that China isn't serious about its rare-earth threats, and that everything "will all be fine." But just in case it isn't, investors are bidding up shares of MP and similar start-ups.
Image source: Getty Images.
Source Fool.com
