Shares of Mosaic Co. MOS slid 3.56% to $64.73 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 3.56% to 4,146.87 and Dow Jones Industrial Average DJIA falling 3.12% to 32,997.97. This was the stock’s second consecutive day of losses. Mosaic Co. closed $14.55 short of its 52-week high ($79.28), which the company reached on April 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Intrepid Potash Inc. IPI fell 13.44% to $70.78, CF Industries Holdings Inc. CF fell 1.71% to $100.29, and Bunge Ltd. BG fell 3.25% to $114.82. Trading volume (6.5 M) remained 4.7 million below its 50-day average volume of 11.2 M.