Here is Why New Fortress Energy (NFE) Gained This Week
The share price of New Fortress Energy Inc. (NASDAQ:NFE) surged by 12.08% between May 29 and June 5, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development.
A cutaway view of a modern energy infrastructure and its power generation facilities.
New Fortress Energy Inc. (NASDAQ:NFE) owns and operates natural gas and LNG infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets.
New Fortress Energy Inc. (NASDAQ:NFE) crashed by over 60% last month after posting disappointing results for its Q1 2025, struggling with weak performance across all its segments. The company fell significantly below forecasts in both revenue and earnings, and even recently got disqualified from an auction held by the Puerto Rican government to secure temporary power generation. So the recent uptick in share price could be due to investors perceiving the stock as undervalued and picking it up at a lower, more attractive price.
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