The Rise and Fall of MP Materials: A Study in Market Volatility
Analysts, those meticulous seers of financial fate, had predicted a loss of $0.20 per share against second-quarter sales anticipated to reach $45.6 million. As if to poke the skeptical eye of these augurs, MP Materials revealed a loss of but $0.13 per share, thus soothingly “beating” the earnings expectations, while also announcing a surging $57.4 million in sales-figures that could both invigorate and confound the intellectual discourse surrounding this fickle domain.