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New Fortress Energy shares rise 1.20% premarket after Ola Electric reports narrower sequential quarterly loss.
ByAinvest
Monday, Jul 14, 2025 6:05 am ET1min read
New Fortress Energy Inc. rose 1.20% in premarket trading. The company's stock price increase is likely due to the positive news from India's Ola Electric, which reported a narrower sequential quarterly loss and expects its automotive unit to turn positive in the next quarter. This news may have positively impacted the stock price of New Fortress Energy Inc. as it is a competitor in the electric vehicle market.
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