Molycorp Bankruptcy Drags on Rare Earths ETF
June 25, 2015 at 14:32 PM EDT
A stock that trades for less than 40 cents a share is proving to be a drag on the Market Vectors Rare Earth/Strategic Metals ETF (NYSEArca: REMX). Shares of Molycorp (NYSE: MCP), once one of the highest-flying rare earths miners, are lower by 5.6% Thursday after the company announced it is filing...
