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NextNRG (NXXT) Falls Following a Strong Rally. Here is Why
Yahoo Finance· 2025-12-20 11:46
Core Insights - NextNRG Inc. (NASDAQ:NXXT) experienced a significant share price decline of 17.16% from December 10 to December 17, 2025, making it one of the worst-performing energy stocks during that week [1]. Company Performance - NextNRG reported a preliminary unaudited revenue of $7.51 million for November 2025, reflecting a substantial increase of 271% compared to the same month in the previous year [3]. - The company is on track for a record full-year performance, with total revenue estimated at approximately $73.5 million for the first eleven months of 2025 [3]. Recent Developments - On December 11, 2025, NextNRG signed a 28-year Power Purchase Agreement (PPA) with Topanga Terrace Rehabilitation & Subacute Care Center in California, which further expands its project pipeline [4]. - The recent drop in share price may be attributed to profit-taking by investors amid a generally bearish sentiment in the energy sector [4]. Insider Activity - Reports indicate that insider selling has contributed to the downward pressure on NextNRG's stock. Director Arbour Daniel Ronald sold 27,891 shares for over $36,000 on December 9, and Chief Technology Officer Vaknin Avishai sold 15,000 shares for $30,000 on December 11 [5].