MP Materials Corp is trading 4.13% down at $55.20 following a weak open as risk appetite softens and crypto-linked sentiment weakens.
- Bitcoin is down 2.50% and Ethereum has fallen 1.85%, pressuring the broader crypto-linked market.
- The NASDAQ Composite is down 0.94%, adding to the pullback in higher-beta names.
- No clear company-specific catalysts were identified in the current news flow to explain the move.