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Why Is MP Materials Stock Gaining Friday?
MP Materials Corp. (NYSE:MP) stock rose nearly 3% Friday, extending gains after company executives and a director purchased about $3.35 million in stock earlier this week. The rare-earth producer outperformed the broader market as the Nasdaq fell 1.99% and the S&P 500 declined 0.85%. The Materials sector also slipped about 0.2%. The gains followed strong quarterly earnings and progress in the company’s rare-earth magnet business. Insider Buying Draws Investor Attention Three MP Materials insiders purchased a combined 92,476 shares on Nov. 10 and Nov. 11. Chief Financial Officer Ryan Corbett bo
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