USA Rare Earth (USAR) Stock Explodes on Trump Admin Talks, $100M UK Acquisition & Rare Earth Rally
USA Rare Earth (NASDAQ: USAR) closed at $22.71 on Oct 2, up 23% with record volume, and traded near $25–26 pre-market Oct 3 after hitting a 52-week high. The surge followed news of CEO Barbara Humpton’s appointment, White House talks, and a $100 million UK acquisition. Shares have gained 98% year-to-date, with a market cap of $2.6 billion. Analyst targets lag current prices, signaling possible volatility.