Strength Seen in New Fortress Energy (NFE): Can Its 8.5% Jump Turn into More Strength?
NFENew Fortress Energy(NFE) ZACKS·2024-07-18 23:30

New Fortress Energy (NFE) shares rallied 8.5% in the last trading session to close at $24.16. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5% gain over the past four weeks.The surge can be attributed to New Fortress Energy’s commitment to providing reliable and clean energy to the world by using liquefied natural gas (LNG). As compared to other fossil fuels such as coal, LNG has much lower carbon emissions ...