Why Shares of USA Rare Earth Exploded 57% Higher This Week
The magnet supply chain company soared on news about the U.S. government potentially taking a stake in the company. Since the close of trading last week, shares of the magnet mining and production company USA Rare Earth (USAR 14.31%) had blasted roughly 57% higher, as of 11:14 a.m. ET Friday. The big move comes as…