USA Rare Earth is trading at $11.31, down 4.31%, amid a rare-earth group selloff.
- It touched a reported 52-week low as its decline extended; coverage said shares were about 30% lower over the past month.
- A report said peers and the sector ETF were also falling, while the broad market was nearly unchanged.
- The report cited concern that government reimbursements are milestone-based and had not yet been collected; USA Rare Earth issued no announcement explaining the move.