Why New Fortress Energy Stock Is Soaring Today

Key Points New Fortress Energy extended its creditor forbearance period through January 9th. This follows the final approval of its renegotiated Puerto Rican contract. Despite these developments, the company faces significant debt challenges and investors could be wiped out. 10 stocks we like better than New Fortress Energy › Shares of New Fortress Energy (NASDAQ: NFE) are soaring on Wednesday, up 11.1% as of 2:10 p.m. ET. The jump comes as the S&P 500 and Nasdaq Composite fell 1% and 1.5%, respe ...