USA Rare Earth Shares Rise 17.88% on Acquisition News
Shares in USA Rare Earth (NASDAQ:USAR) surged by 17.88%, closing at $25.97, driven by a broader market rally and news of its acquisition of Serra Verde Group for $2.8 billion. The deal includes cash and stock components and is expected to close in Q3.
Tickers: $USAR
Topics: acquisition market optimism rare earths stock price movement