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MP - Why Shares of MP Materials Soared 30% in November
MP Materials Corp Cl A
Extending their 5% rise in October, shares of MP Materials (NYSE: MP) , a mining company focused on the production of rare earth metals, shot 30% higher in November, according to data from S&P Global Market Intelligence .
In addition to some positive coverage on the stock from Wall Street, investors chose to click the buy button last month in response to the company's strong third-quarter earnings report.