CF Industries stock sheds 3.08% and outperforms competitors
Updated
Updated · MarketWatch · May 8
CF Industries stock sheds 3.08% and outperforms competitors
7 articles · Updated · MarketWatch · May 8
The shares closed at $115.02 on Friday, while the S&P 500 rose 0.84% to 7,398.93 and the Dow added 0.02% to 49,609.16.
It was CF Industries' third straight daily decline, though it fell less than Mosaic, down 3.14% to $22.19, and Westlake, down 3.62% to $93.85.
The stock finished 18.98% below its 52-week high of $141.96 reached on 30 March, and trading volume of 3.1 million was well below its 50-day average of 5.2 million.
With strong earnings but a falling stock, is CF Industries a bargain or a value trap for investors now?
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