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Stock impact report

Why New Fortress Energy Stock Is Plummeting Today [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 posted a massive loss in the second quarter and could post even weaker results in the current quarter. A recent announcement has raised concerns that the company could be moving toward bankruptcy filings. 10 stocks we like better than New Fortress Energy › New Fortress Energy (NASDAQ: NFE) stock is getting crushed in Monday's trading. The liquified natural gas (LNG) company's share price was down 37.6% as of 12:15 p.m. ET and had been off as much as 48.6% earlier in the day. After the market closed last Friday, New Fortress published second-quarter results that were significantly worse than anticipated. Making matters worse, the company announced that it was conducting strategic reviews in response to funding issues -- and the news has increased bankruptcy concerns among investors. Image source: Getty Images. New Fortress stock plummets following Q2 results In the second quarter, New Fortress posted a net loss of $2.02 per share on sales of $301.7 million. Show less Read more
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