New Fortress Energy (NFE) plunged by over 23% this week. Here is why

MSN
2026.02.03 14:21
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New Fortress Energy Inc. (NASDAQ:NFE) experienced a significant decline in its share price, falling by 23.56% from January 23 to January 30, 2026. This drop positions the company among the energy stocks that suffered the most losses during the week. New Fortress Energy is involved in the ownership and operation of natural gas and LNG infrastructure, along with a fleet of ships and logistics assets for efficient delivery.