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Benzinga
Benzinga
Business
Surbhi Jain

Apple, Pentagon Turbocharge MP's 531% Power Rally - JPMorgan Lists 7 'Upside Drivers'

Analyst

MP Materials Corp (NYSE:MP) stock has exploded 531% from its 52-week low, with the real ignition coming in the past two months.

After months of muted trading, the stock went vertical in June and July, propelled by two major catalysts. A landmark U.S. Department of Defense agreement and a $500 million-plus rare earths recycling deal with Apple Inc (NASDAQ:AAPL).

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