USA Rare (USAR) Earth Falls 12.7% as Govt Picks Foreign Firm for New Deal

We recently published 10 Stocks Facing Selling Pressure Ahead of Christmas. USA Rare Earth, Inc. (NASDAQ:USAR) is one of the biggest losers on Monday. USA Rare Earth dropped its share prices by 12.73 percent on Monday to finish at $14.87 apiece, mirroring the drop in the industry and the broader market, after the Trump administration selected a non-US-based firm as a partner to ramp up zinc production in the US. According to Reuters, the Trump administration, through a joint venture company it formed wit ...