Why USA Rare Earth Stock Fell Today
USA Rare Earth stock is a speculative play on rare earth demand -- and it's not working out very well today.
Shares of USA Rare Earth (NASDAQ: USAR) stock fell an unlucky 13% through 1:30 p.m. ET Friday. And why?
Well, last night President Trump announced the signing of a trade deal with China, and this morning, China's Ministry of Commerce confirmed the news, stating its intention to "approve export applications for items subject to export control rules," as CNBC just reported.
Image source: Getty Images.
