USA Rare Earth Inc (NASDAQ:USAR) shares are moving lower in Monday's after-hours session on the heels of the company's second-quarter financial results.
USA Rare Earth stock is taking a hit today.
Why is USAR stock dropping?
USA Rare Earth Q2 Earnings Highlights USA Rare Earth reported second-quarter revenue of $5.82 million, missing estimates of $8.05 million, according to Benzinga Pro.
The company posted a second-quarter adjusted loss of 15 cents per share, missing estimates for a loss of 13 cents per share.
