Why Is New Fortress Energy Stock Rising Today?
The stock gained 23% before the bell on Wednesday after Puerto Rico’s Governor Jenniffer Gonzalez announced that the company has reached a new agreement valued at approximately $4 billion to supply LNG to Puerto Rico for a period of seven years.
New Fortress Energy’s (NFE) stock witnessed an 863% jump in retail chatter in the last 24 hours on Stocktwits following the announcement of the company’s deal to sell liquefied natural gas to Puerto Rico.
Shares of New Fortress were up 23% before the bell on Wednesday. Puerto Rico’s Governor Jenniffer Gonzalez announced on Tuesday that the company has reached a new agreement valued at approximately $4 billion to supply LNG to Puerto Rico for a period of seven years.
Get updates to this developing story directly on Stocktwits.
For updates and corrections, email newsroom[at]stocktwits[dot]com.
For serious investors with a serious sense of humor.
Also See: Workday Stock Is Up 9% Pre-Market Today And There’s A Wall Street Angle – More Details Inside