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Jul 10, 12:42 PM
MP Materials Shares Surge 47% on Multibillion-Dollar DoD Deal; Delta Air Lines Acquired at $14, WK Kellogg Near $3B Deal
Stocks
Business

MP Materials Shares Surge 47% on Multibillion-Dollar DoD Deal; Delta Air Lines Acquired at $14, WK Kellogg Near $3B Deal

Authors
  • CNBC
  • Hedgeye
  • Peter Spina ⚒ GoldSeek | SilverSeek
7

MP Materials Corp. ($MP) experienced a substantial surge in its stock price, rising as much as 64% pre-market and closing with a 47% gain on July 10, 2025. The rally follows the company signing a public-private partnership and securing a multibillion-dollar investment package with the U.S. Department of Defense, aligning with the Trump administration's emphasis on boosting domestic critical metals production. MP Materials traded at $44 pre-market, up from a close of $30 per share. Meanwhile, Delta Air Lines ($DALN) saw its shares increase by 217% after agreeing to be acquired by Hearst for $14 per share in cash. WK Kellogg ($KLG) also gained 53%, reportedly nearing a $3 billion acquisition deal with Italy's Ferrero. In contrast, Helen of Troy ($HELE) was a notable short position, with its stock declining by 34%. Retail analyst Brian McGough of Hedgeye described $HELE as a near-permanent short, emphasizing the stock's downward trend since trading near $100. These movements reflect active market interest in sectors tied to strategic acquisitions and government-backed initiatives.

Written with ChatGPT (GPT-4).

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