New Fortress Energy shares surge 11.44% intraday after securing Puerto Rico LNG deal approval.

think> Okay, let's tackle this query. The user wants me to act as a financial analyst explaining a stock price movement linked to news events. The stock in question is New Fortress Energy (NFE), which had an intraday up of 11.44% (rounded to 11.44%). The trading period is intraday. First, I need to determine the direction and session. The stock went up during intraday trading. Now, looking at the recent news events provided. There are two main reasons mentioned initially: one about extending a forbearance agreement and another about a Puerto Rico deal approval. The rest of the news is a list from MarketBeat with various dates, some positive and some negative. I need to check which of these news events are relevant and align with the stock's movement. The user mentioned that the stock went up by 11.44% intraday. Let me look through the news. The first reason given is the extension of the forbearance agreement. However, there's a news item from December 19, 2025, about NFE extending the forbearance agreement, and another on December 17, 2025. But the stock's movement is on January 9, 2026 (since the latest news in the list is January 9). Wait, the current date in the news is up to January 12, 2026. The trading period is intraday, which I assume is on January 9, 2026. Looking at the news on January 9, there are two articles: one about shares sold by Voya Investment and another about a "Hold" rating. These are likely neutral or negative, but the stock went up. So maybe those aren't the causes. Looking further, the most recent positive news before the intraday jump would be the Puerto Rico deal approvals. There's a news item from December 8, 2025, stating that NFE soars after securing a 7-year Puerto Rico gas deal. Another from December 5, 2025, mentions the approval of the long-term gas supply with Puerto Rico. Also, on December 2, 2025, there's a mention of the tentative approval for the $3B Puerto Rico deal. Given that the stock's movement is on January 9, 2026, but the latest positive news is from December 2025, maybe there's a follow-up or continued positive sentiment from those approvals. However, the stock also had a 1.8% drop on January 6, 2026, and a 5% fall on December 31, 2025, due to credit concerns. Wait, the user's input has a mix of dates. The current date in the news is up to January 12, 2026, and the stock movement is on intraday trading. The key here is that the recent news events leading up to the stock's movement on January 9, 2026, would be the ones most relevant. Looking at the news on January 9, 2026, there's a "Hold" rating from brokerages, which is neutral. The previous day, January 6, there was a 1.8% drop. But the intraday jump on January 9 could be due to a positive news item that's not listed here. Wait, the user provided two reasons in the input under "Recent News Events": Reason 1: NFE extends forbearance agreement, summary mentions a 9.35% increase post-announcement. Reason 2: NFE surges after winning tentative approval for $3B Puerto Rico deal. But in the detailed news list, there are multiple entries about the Puerto Rico deal approvals in December 2025. The user's summary mentions that the stock's movement is intraday up 11.44%, and the two reasons given are about the forbearance agreement and the Puerto Rico deal. However, the latest news in the detailed list is from January 9, 2026, which includes a "Hold" rating and a sale by Voya. The stock's movement on January 9 could be due to the cumulative effect of the Puerto Rico deal approvals in December, which were significant positive catalysts. The forbearance agreement extension might have been a previous positive, but the recent news on January 9 is neutral or negative. Given that the stock's movement is a significant intraday increase, the most plausible reason is the recent Puerto Rico deal approvals. The summary mentions a 9.35% increase post-announcement of the expansion deal, but the user's input shows an 11.44% move. The key here is that the Puerto Rico deal.