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Why Fertilizer Producer Mosaic's Stock Jumped 5% Monday
MOSMosaic(MOS) Investopedia·2024-11-04 22:30

Key TakeawaysShares of fertilizer giant Mosaic jumped over 5% Monday, posting the top daily performance in the S&P 500.The surge followed reports that Belarusian President Alexander Lukashenko proposed potash production cuts in an effort to boost prices.The move could help Mosaic, which stands to benefit from rising prices that might stem from potential potash production cuts. Shares of fertilizer producer The Mosaic Company (MOS) jumped over 5% on Monday, posting the strongest performance of any stock in t ...