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MP News and Press, MP Materials Corp Cl A From 03/23/21

Stock Information

Company Name: MP Materials Corp Cl A
Stock Symbol: MP
Market: NYSE
Website: mpmaterials.com

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MP - Why MP Materials Stock Fell 13% at the Open Today

Shares of MP Materials (NYSE: MP) dropped roughly 13% in the first 30 minutes or so of trading on March 23. When considering the 160% gain the stock has achieved since its initial public offering (IPO) in late 2020, that's not too big a deal. Still, the rare-earth miner did rele...

MP - QuantumScape, MP Materials among premarket losers' pack

Frequency Therapeutics (FREQ) -71% after releases new data. from two FX-322 clinical studies; plans to advance single-dose regimen.Anixa Biosciences (ANIX) -23% after raises previously announced bought deal offering of common stock to $22.5M.Windtree Therapeutics (WIN...

MP - MP Materials slides on notes, secondary stock offering

MP Materials (MP) proposes $500M offering of its green convertible senior notes due 2026 to institutional investors.Initial purchasers' overallotment option will be an additional $75M notes. The company intends to use the net proceeds for general corporate purposes or invest the net...

MP - MP Materials Announces Proposed Green Convertible Senior Notes Offering

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that it plans to offer, subject to market and other conditions, $500 million principal amount of its Green Convertible Senior Notes due 2026 (the “notes”) through a ...

MP - MP Materials Announces Proposed Secondary Public Offering of Common Stock by Selling Stockholders

MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced the commencement, subject to market and other conditions, of a proposed registered secondary public offering of 8 million shares of common stock by certain existing stockholders ...

MP - MP Materials Is Mining The Building Blocks For The Electric Vehicle Surge

MP Materials is helping the US reduce its reliance on China for rare earth elements. The company's Q4 results for its fiscal 2020 saw revenues up 100% and EBITDA nearly quadruple. As sales of new cars increasingly become electric, demand for rare earth elements is likely to mainta...

MP - Sales Double, Profits Up 22 Times, at America's Biggest Rare-Earth Metals Company

Five years ago, heavy spending, a heavier debt load, and plummeting prices for rare-earth metals spelled doomsday for rare-earth miner Molycorp. Today, however, Molycorp is back with a vengeance -- and new name: MP Materials (NYSE: MP) . In its Q4 and full-year earnings report, ...

MP - Rethinking The Defense Industry

We have historically defined the “defense industry” as Dwight Eisenhower did with the expression, “military-industrial complex”. However, given geo-political tensions, the term should be expanded to include companies critical to our global competitive posit...

MP - MP Materials: Poised For Growth From Electrification And Clean Energy

MP Materials is the only volume producer of rare earth minerals in the western hemisphere. The company has an aggressive strategy to bring the entire rare earth value chain back to the US. Recent quarterly results show just how fast and profitable the company can become. For...

MP - Why MP Materials Stock Popped Today

Shares of MP Materials (NYSE: MP) , a miner of rare-earth metals , jumped out of bed on the NYSE today -- and stayed up. As of 2:10 p.m. EDT, the stock retains a 9.6% gain. Why? MP Materials crushed earnings estimates for its fiscal fourth quarter 2020. Reporting last night,...

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