If You'd Invested $1,000 in USA Rare Earth (USAR) Stock at Its IPO, Here's How Much You'd Have Today

USA Rare Earth (NASDAQ: USAR) went public through a merger with a special purpose acquisition company (SPAC) in March, and the stock has seen volatile trading since. As of close of trading Aug. 11, the company's share price is down roughly 16% since it had its initial public offering (IPO). That means that a $1,000 investment in the stock would now be worth roughly $832. Image source: Getty Images.USA Rare Earth's business is still in a pre-revenue state, and there's still significant uncertainty when it comes to the outlook for launching and scaling its commercial operations. The company says its mission is to "establish a U.S. rare earth magnet supply chain supporting the future state of energy, mobility, and national security." Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool