New Fortress Energy is trading 5.95% down in after-hours trading at $0.31 after investors reacted to its 1-for-50 reverse stock split, which takes effect on September 11, 2026.
- The split is intended to restore compliance with Nasdaq’s minimum-bid requirement.
- Split-adjusted trading is expected after an evening trading halt.
- The decline likely reflects uncertainty surrounding the restructuring and listing process.