MP Materials (NYSE:MP) Trading Down 2.5% Following Insider Selling

MP Materials Corp. (NYSE:MP – Get Free Report)’s stock price was down 2.5% during trading on Friday after an insider sold shares in the company. The stock traded as low as $53.22 and last traded at $55.28. Approximately 11,041,710 shares traded hands during trading, an increase of 1% from the average daily volume of 10,932,058 shares. The stock had previously closed at $56.68. Get MP Materials alerts: Specifically, CEO James H. Litinsky sold 248,411 shares of the firm’s stock in a transaction on Thursday, N ...