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Wajeeh Khan

The Pentagon Just Made a Huge Bet on MP Materials. How Should You Play MP Stock Here?

MP MP Materials Pentagon United States

MP Materials (MP) shares are trading nearly 50% higher today after the Defense Department announced a massive investment in the Las Vegas-based rare earth miner.  

The Pentagon has agreed to load up on $400 million worth of MP’s preferred stock – positioning itself as the company’s largest shareholder, a press release confirmed on Thursday. 

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