President Trump’s visit to Asia holds significant trade implications, especially with China. Speculation is rife about a potential trade deal between the U.S. and China at the APEC Summit. MP Materials, the largest rare-earth mining facility in the U.S., saw a 7.4% stock drop in anticipation of this deal. Despite this, the company has shown strong financial performance, with revenue growth and narrowing losses. MP Materials has key partnerships with the Department of Defense, Apple, and General Motors. Analysts remain cautiously optimistic, giving the stock a “Moderate Buy” rating with a mean target price of $81.27, reflecting a potential 24% upside.

Read more at Barchart: Dear MP Materials Stock Fans, Mark Your Calendars for October 30