Why New Fortress Energy Stock Just Fell 20.3%

New Fortress Energy (NASDAQ: NFE) fell 20.3% on Wednesday. The S&P 500 and the Nasdaq Composite lost 1.4% and 1.5%, respectively. The struggling liquefied natural gas (LNG) company struck an agreement with creditors yesterday that will allow the company to survive, but one that comes with serious strings attached. The news sent the stock flying up more than 30% before giving away most of the gain. Today, the stock was in freefall. Will AI create the world's first trillionaire? Our team just released a rep ...

Why New Fortress Energy Stock Just Fell 20.3% - Reportify