MP Materials (MP) Soars 10.1%: Is Further Upside Left in the Stock?

MP Materials Corp. (MP) shares soared 10.1% in the last trading session to close at $24.47. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 8.7% gain over the past four weeks.On Jan. 22, MP Materials announced that its facility in Fort Worth, TX, started commercial production of neodymium-praseodymium (NdPr) metal and also commenced trial production of automotive-grade, sintered neodymium-iron-boron (NdFeB) magnets. Notably, it i ...