Nutrien Ltd. (NTR) experienced a pre-market plunge of 5.05% on Wednesday, as the stock gave back some of its recent sharp gains.
The decline comes as the market rallies on hopes of a resumption of energy flows from the Middle East. U.S. fertilizer suppliers, including Nutrien, had soared in recent weeks after the war disrupted shipments from the region. The prospect of normalized trade is now reversing those earlier advances.