U.S. stock market anomaly | Rare earth concept stocks strengthen, MP Materials (MP.US) rises more than 6%

According to the Wisdom Finance app, on Monday, rare earth concept stocks strengthened, continuing their recent upward trend. As of the time of publication, NioCorp Development (NB.US) rose by over 16%, USA Rare Earth (USAR.US) rose by over 6.4%, and MP Materials (MP.US) rose by over 6%. In terms of news, previously, US rare earth producer MP Materials stated that the US Department of Defense will purchase $400 million worth of the company's preferred stock, owning approximately 15% of the company, thereby becoming MP Materials' largest shareholder.