Why Is USA Rare Earth Stock Suddenly Down (Again) Today?

Just one day after they soared on good news, USA Rare Earth (NASDAQ: USAR) shares are down again today on news from the very same source.That source is the White House. Speaking at a gathering of representatives from over 50 countries, United States Vice President J.D. Vance announced on Wednesday that President Trump intends to establish a trading bloc aimed at pushing back against China's control of several critical minerals markets, including rare earth minerals used in electric vehicles and computing technology. These plans include a self-imposed price floor on these materials.Although it superficially seems to favor Oklahoma-based rare earth miner USA Rare Earth, as of 2:58 p.m. ET Wednesday its stock is down 8.4%, unwinding most of the recent spurred by a separate announcement from the White House.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool