Reported about 12 hours ago
On Friday, The Mosaic Company (NYSE:MOS) saw its shares decline by 4.40% after announcing a downward revision in its production forecasts for 2025, impacting investor confidence. The company reduced its phosphate sales estimate for Q2 to 1.5-1.6 million tons from a previous target of 1.7-1.9 million. This was compounded by delays in new gypsum handling systems and extended downtimes at its facilities, causing production to fall short of expectations, placing MOS among the worst-performing stocks of the day.
Source: YAHOO