Why Nutrien Stock Lost 14% Today
Shares of Nutrien (NYSE: NTR) took a dive today after the fertilizer company posted weak results on the top and bottom lines and got hit by a slowdown in potash demand.
The stock finished the day down 14.1% on the report.
Overall results were strong as the company continued to benefit from higher overall fertilizer prices, but the potash issues weighed on the stock.
Source Fool.com