Fertilizer Giant Loses $2.6 Billion in Value... Nutrien Drops 5% in a Day

Shares of Canadian fertilizer company Nutrien Ltd. (NYSE: NTR) fell 5.44% on the New York Stock Exchange, closing at $74.54. Trading volume was about 2.54 million shares, and market capitalization stood at approximately $36 billion (roughly KRW 50 trillion). The one-day decline erased about $1.8 billion in market value—around KRW 2.6 trillion.

On the same day, Nutrien reported its first-quarter 2026 results, posting net income of $139 million, earnings per share of $0.27, adjusted EBITDA of $1.11 billion, and adjusted EPS of $0.51. Despite record potash sales and improved profitability in its nitrogen and retail segments, the stock slid more than 5% after the announcement, indicating a cooling of investor sentiment.

Headquartered in Saskatoon, Saskatchewan, Canada, Nutrien is the world’s largest potash producer and the second-largest nitrogen fertilizer manufacturer. The company’s integrated business spans fertilizer production and agricultural retail, supplying fertilizers and crop protection products to farms worldwide. Formed in 2018 through the merger of PotashCorp and Agrium, Nutrien is a key player whose performance is highly sensitive to agricultural cycles, fertilizer demand, and geopolitical risks.