BUZZ-New Fortress Energy falls on wider Q2 loss
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Shares of New Fortress Energy (NFE) fell 15.5% to $2.07 in premarket trading following a wider Q2 loss of $556.8 million, or $2.02 per share, compared to a loss of $86.9 million a year earlier. Revenue dropped to $301.7 million from $428 million. The company is evaluating strategic alternatives to improve its capital structure, considering options like asset sales and capital raising. NFE shares are down 83.8% year-to-date.
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