New Fortress Energy ends talks for a potential $20 billion energy deal with Puerto Rico. Share price drops 10.4% in Friday trading. Deal was seen as crucial due to company’s high debt. Puerto Rico pulls out of LNG deal negotiations, causing stock to plummet 75.5% this year. Possibility of agreement still remains, but concerns over monopoly exist. Investors sell as deal uncertainty looms.
Read more at Yahoo Finance: Why New Fortress Energy Stock Is Plummeting Today