NFE rebounds 20% in premarket after 40% 10-day drop

NFE rebounds 20% in premarket after 40% 10-day drop

New Fortress Energy (NFE) shares jumped over 20% in premarket Tuesday after plunging 40% over the past 10 sessions. The rebound comes as investors weigh reports that the company is exploring a UK debt restructuring plan. NFE, which hit an all-time low on Monday, is set to report quarterly results on November 6 and is expected to post a loss.

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