ICL stock rises about 3% as fertilizer prices cool — what investors are watching next
ICL Group Ltd shares rose 3.4% to $5.73 in morning NYSE trade Wednesday, outpacing a modestly weaker market. The gain followed a late-December drop in retail fertilizer prices, with diammonium phosphate down 6% to $866 per ton, according to DTN. Fertilizer peers traded mixed, with Nutrien and CF lower and Mosaic little changed. About 1.2 million ICL shares changed hands.