CF Industries Holdings Inc. (CF) experienced a sharp decline of 5.02% in its stock price during Thursday's trading session, following multiple analyst downgrades and sell ratings.
Barclays maintained a "Hold" rating on the company, while Scotiabank reaffirmed its "Sell" rating on CF Industries Holdings. These analyst actions suggest concerns about the company's future performance and prospects, contributing to the significant downward pressure on the stock.
The negative analyst sentiment, combined with other potential factors not explicitly stated in the provided news, led to the substantial plummet in CF Industries Holdings Inc.'s stock price on Thursday.