Why is Nidec stock plunging today?

Nidec stock is experiencing a significant plunge in today's trading session, reflecting a sharp decline in market value. Simultaneously, Lynas Rare Earths stock is also sliding, with shares facing downward pressure. Both companies are seeing their stock prices drop as investors react to current market conditions. These simultaneous declines highlight a negative trend for both Nidec and Lynas Rare Earths, as their respective valuations decrease during the current trading period across the financial markets.