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Why Mosaic Stock Jumped 16% at the Open on Aug. 4

Why Mosaic Stock Jumped 16% at the Open on Aug. 4

Shares of plant nutrition specialist Mosaic (NYSE: MOS) rose as much as 16% in early trading on Aug. 4. The headline adjusted earnings number at Mosaic came in at a profit of $0.11 per share for the second quarter of 2020. The company noted that COVID-19 has had a limited impact on its business because food security has been a high priority during the global pandemic.