Why MP Materials Stock Just Crashed 10%

MP Materials stock remains at the mercy of market pricing of its primary product. MP Materials (MP -9.74%) stock tumbled 10.4% through 10:25 a.m. ET Friday after the rare earth mining company missed on both top and bottom lines in last night's second-quarter earnings report. Heading into the quarter, analysts already weren't optimistic, forecasting a $0.09 per share loss on $40.6 million in sales -- but MP Materials still managed to miss those forecasts. The company's sales were only $31.3 million, and MP l ...