MP Materials (MP) Ends 4-Day Run, Loses 8.9% on Profit-Taking

Group 1 - MP Materials Corp. experienced a significant decline of 8.92% on Wednesday, closing at $89.85, following a four-day winning streak where shares surged by 42% [1][4] - The recent rally in MP Materials' stock was driven by trade tensions between the US and China, particularly due to China's new export restrictions on rare earth materials, which raised concerns about global supply [2] - MP Materials secured a partnership with the US government, with the Department of Defense acquiring a 15% stake in the company for $400 million, which includes preferred shares and warrants [3][4] Group 2 - Month-to-date, MP Materials' stock has increased by 34%, reflecting strong investor interest amid the geopolitical climate [1] - The partnership with the US government is expected to bolster MP Materials' position in the rare earth market, as it aligns with national security interests [3]