MP Materials Has Collapsed 60% From Its Highs. Here's Why I'm Not Buying (Yet).

Impact · against what's priced in

The article provides no new catalyst for MP Materials, as its reliance on government price floors is already baked into the current valuation. Mention of supply deals with Apple and GM is similarly non-material, as these existing partnerships are already factored into their respective prices.

GM+0.00

Already priced in

The price assumes

Core North American auto volumes and revenue trajectory