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Actionable news in POT: POTASH CORPORATION OF SASKATCHEWAN Inc,

Why Potash (POT) Stock Is Tumbling Today

NEW YORK (TheStreet) -- Shares of Potash Corp. (POT) are falling 7.06% to $15.94 on heavy trading volume Thursday afternoon after the company posted lower-than-anticipated revenue for the 2016 second quarter and slashed its guidance and dividend.

Before today's market open, the Canadian fertilizer giant said revenue plunged 39% to $1.05 billion from last year. Analysts were expecting revenue of $1.18 billion.

Adjusted earnings of 18 cents per share matched Wall Street's estimates.

For 2016...


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