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Stock impact report

Can NFE Stock Beat the Market? [Yahoo! Finance]

New Fortress Energy Inc. - Class A (NFE) 
Last new fortress energy inc. - class a earnings: 3/4 12:02 am Check Earnings Report
Company Research Source: Yahoo! Finance
New Fortress Energy missed interest payments and went into forbearance, which is never a good sign for financial stability. Current liabilities dwarf current assets, while net losses and interest payments continue to grow, putting the entire business at risk. 10 stocks we like better than New Fortress Energy › New Fortress Energy (NASDAQ: NFE) has woefully underperformed the S&P 500 (SNPINDEX: ^GSPC) with a 93% decline this year. Zooming out doesn't make it much better, with the stock down by 98% over the past five years. Meanwhile, the S&P 500 has logged one-year and five-year gains of 17% and 86%, respectively. Bullish investors are viewing New Fortress Energy as a "down but not out" play that can become a winner if a long-term contract pans out. Can New Fortress Energy Stock beat the market going forward? Most of the optimism centers around a seven-year contract with the Puerto Rican government that one analyst projects will come to $3.2 billion. The contract will impr Show less Read more
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