🟢 USAR is trading 4.1% up today as selloff over CHIPS Act governance concerns reverses

USAR is trading 4.1% up today at $18.50 as investors partially reverse yesterday’s sharp drop tied to governance concerns over its $1.6 billion CHIPS Act funding deal.

• The rebound suggests the initial selloff regarding political and oversight scrutiny may have been overdone.
• Traders are reassessing the long-term benefits of the landmark federal financing package for USA Rare Earth’s projects.