MP Materials stock dropped 12.2% due to halt in shipments to China

From Nasdaq: 2025-04-21 13:10:00

Shares of rare-earth minerals miner MP Materials (NYSE: MP) took a hit, dropping 12.2% on Monday, erasing previous gains, likely due to President Trump’s tariff battle with China. The company announced it will halt shipments to China for processing due to retaliatory tariffs, impacting 80% of its revenue. MP Materials plans to focus on refining and manufacturing its own products but may see short-term revenue drops and increased losses. Analysts predict profitability by 2026, making it a risky investment in the near future.

Investors are advised to be cautious when considering MP Materials stock. The company faces challenges due to the tariff war and may experience financial setbacks in the coming months. While there is long-term potential for profitability, the current market conditions suggest a turbulent road ahead for the company. It is advisable to carefully evaluate all factors before making any investment decisions.



Read more at Nasdaq: Why MP Materials Stock Crashed on Monday