Why NFE Stock Just Popped 33.9% -- Then Slumped
New Fortress Energy (NASDAQ: NFE) jumped as much as 33.9% on Monday before giving most of the gain away. Shares finished the day up just 5.5%. The embattled liquefied natural gas (LNG) company announced it has reached a deal with creditors that will see its mountain of debt slashed, keeping the company alive. But it comes at a steep cost. Today's wild swings came as investors reacted to the initial news, only to realize the deal's implications. Will AI create the world's first trillionaire? Our team just ...