Mosaic stock jumps 7% as Hormuz supply shock lifts fertilizer prices
Mosaic Company surged nearly 7.5% to $31.35 in late trading Thursday—a standout gain amid a sluggish U.S. session—as traders piled into fertilizer stocks on worries that turmoil near the Strait of Hormuz could choke off global supply. The S&P 500, by comparison, dropped 1.5% for the day.
