By WSJ staff
The prospect of a Middle East cease-fire has shares of U.S. fertilizer producer CF Industries down around 9% and headed for their worst day since 2022.
The Northbrook, Ill.-based company has been one of the year's hottest stocks, lifted to records by investors' bets that CF could raise prices for its fertilizers to match those of global competitors, which must offset higher natural-gas prices, even as access to U.S. gas kept CF's own input costs relatively stable.
Other North American fertilizer makers were also down, with Nutrien losing 4.9% and Mosaic dropping around 0.5%.
CF shares remain up more than 50% this year.
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(END) Dow Jones Newswires
April 08, 2026 11:52 ET (15:52 GMT)
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