Why Shares of MP Materials Are Sinking This Week

Key Points The U.S. and Australia signed a critical materials agreement earlier this week. Shares of MP Materials are trading at a premium to their historical valuation. The stock's pullback provides a buying opportunity for long-term investors. 10 stocks we like better than MP Materials › Prior to the start of this week, MP Materials (NYSE: MP) stock had performed well in October, climbing more than 20%. This week, however, the market showed that there is a limit to the exuberance it has for rar ...