After nearly doubling in value over the last week and closing at a record high Wednesday, shares of MP Materials are sinking premarket Thursday after the rare earths miner announced plans to sell new stock.

MP Materials shares are trading lower in after-hours Wednesday after the company announced a proposed public offering.

MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the U.S. rare earths miner inked a supply deal with Apple .

Johnson & Johnson (JNJ) shares tick higher in pre-market trading after the company raised its full-year earnings and sales guidance, though looming pharmaceutical tariffs from President Trump remain a key risk for the sector.

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MP Materials stock surged nearly 8% in premarket trading after Fox Business reported Apple's planned $500 million investment in the rare earths mining company.

We came across a bullish thesis on MP Materials Corp. (MP) on r/wallstreetbets Subreddit by One-Hovercraft-1935. In this article, we will summarize the bulls’ thesis on MP. MP Materials Corp.

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Deal will make the US Department of Defense the largest shareholder in MP, the sole domestic producer of rare earth elements.

Detailed price information for MP Materials Corp (MP-N) from The Globe and Mail including charting and trades.