Correction Underway In The Ag Space (AGU, MOS, POT, CF)

Fertilizer related stocks are in correction mode during Friday's trading session. These stocks have been some of the hottest names in the market, and it looks like some traders are taking a little off of the table as we head into the weekend. In addition, CF Industries CF released quarterly earnings yesterday after the closing bell, and reactions to those numbers have been a little tepid. CF shares have lost 4.40% to $141.31. Competitors such as Agrium AGU, Mosaic MOS and Potash POT are also getting hit on Friday. AGU is down 3% at $94.10, MOS has lost 1.73% to $85.25 and POT has shed 2.06% to $182.26.