Why Is MP Materials Stock Sliding Right Now?
Shares of the rare metal miner MP Materials (NYSE: MP) have slipped about 15% since peaking above $80 a share last Thursday, Sept. 25.
The mining stock has been on a tear in 2025, with a 309% gain year to date, but concerns over valuation and slowing revenue growth may have started weighing down on this explosive performance.
MP Materials' second-quarter earnings report wasn't all good news. Although total revenue spiked 84% year over year, it also fell about 5.6% quarter to quarter. Operating expenses were also higher on a quarterly basis, and its earnings per share deteriorated by $0.05 per share.
Source Fool.com