The rare Earth stocks are climbing higher today, making huge gains today.
There is no news out on names like Molycorp MCP, Rare Element Resources REE and China Shen Zhou Mining & Resources Inc. SHZ today, but some are speculating that the moves could be a short squeeze, causing the names to run higher.
At last check, shares of SHZ and REE were up over 8%, while MCP was leading the days gains, up 10%.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in