MP Materials Surges to 265th in Trading Volume Despite Stock Price Decline

On June 11, 2025, MP Materials (MP) saw a significant increase in trading volume, with a turnover of $39.3 million, marking a 111.77% rise from the previous day. This surge placed MP in the 265th position in terms of daily trading volume. However, the stock price of MP Materials declined by 5.84%, marking the second consecutive day of losses, with a total decrease of 7.40% over the past two days.

MP Materials Corp. recently reported its annual meeting results, revealing an earnings per share (EPS) of -0.12, slightly missing the forecast of -0.11. The company's revenue for the period was $60.81 million, falling short of the expected $64.44 million. This financial performance may have contributed to the recent decline in the stock price.

JPMorgan Chase & Co. adjusted its price target for MP Materials, lowering it from $21.00 to $18.00 and maintaining a "neutral" rating for the company. This downgrade could have influenced investor sentiment, leading to the stock's downward trend.

Despite the recent setbacks, Morgan Stanley upgraded MP Materials from an "equal weight" rating to an "overweight" rating, setting a price target of $34.00. This positive outlook from a major financial institution may provide some support for the stock in the coming days.