MP Materials stock drops 21% amid rare earth sector sell-off despite positive company news

MP Materials stock fell 21% over the past month, mirroring a broader 17% decline in rare earth stocks, while the overall market remained flat. This sector-wide drop suggests investors are selling off the rare earth theme rather than reacting to company-specific issues, as MP Materials continues to advance with expected magnet shipments to General Motors. Shareholders face a decision to hold through volatility or reduce exposure, as the next company-specific developments may determine the stock's direction.

MP Materials is trading at USD 46.80 on Pluang as of Sep 29, 2026 02:31 WIB, down 4.16% in the last day and well below its 52-week high of USD 98.65 but above the 52-week low of USD 38.10. Despite the recent 21% monthly drop, the typical hold time on Pluang is just 6 days, with 74% of orders being buys compared to 26% sells, indicating active investor interest amid the stock's volatility.