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Shares of MP Materials (NYSE: MP) , a miner of rare earth elements, are up 3.3% at 11:15 a.m. EDT Friday after crushing Q2 earnings estimates yesterday afternoon. That's the good news.
The bad news is that at one point this morning, MP shares were up as much as 12.5% , so it actually looks as if the enthusiasm over this rare earth metals stock is dying out fast. But...should it be?