New Fortress (NFE) Falls 5% on Credit Concerns

We recently published 10 Big Names Crumbling Before 2026. New Fortress Energy Inc. (NASDAQ:NFE) is one of the worst performers on Tuesday. New Fortress dropped for a second day on Tuesday, shedding 5.17 percent to close at $1.10 apiece amid lingering concerns over its financial standing, further dampened by a credit rating downgrade from S&P Global Ratings. Earlier this month, New Fortress Energy Inc. (NASDAQ:NFE) announced that it has extended its forbearance agreement with holders of its new senior sec ...