Nutrien shares fade on disappointing first-quarter earnings

News Snapshot:

If you’re searching for a Canadian stock to sum up the challenges of this unusually murky period in investing history, let me point you in the direction of Nutrien Ltd. NTR-T, a big, reliable provider of a vital but boring product. The share price of the giant potash producer has gyrated wildly over the past three years for reasons that have little to do with the company’s own operations. Its trajectory turned erratic when COVID-19 struck the world in early 2020. Nutrien, which had been trading around $62 a share, slumped to below $40, as stock markets crashed. Then, in...