Why Compass Minerals International Stock Is Sinking Today
Shares of Compass Minerals International (NYSE: CMP) had tumbled nearly 13% at 10:30 a.m. ET on Wednesday. Compass Minerals International got "off to a mixed start" in its fiscal year, according to comments by CEO Kevin Crutchfield in the earnings press release. While results improved in its salt division, weak demand in its plant nutrition segment and cost pressures hurt its financial results.