MP Materials Corp is trading 10.2% down at $58.79 as investors continue to lock in profits after a sharp post-earnings run-up.
- The stock’s pullback is being intensified by a broad risk-off selloff in equities and digital assets following stronger-than-expected U.S. jobs data.
- Macroeconomic pressure from the labor market report is weighing heavily on growth and speculative names across the market.