Reported 3 days ago
New Era Helium, Inc (NASDAQ:NEHC) experienced a significant stock decline of 35.7% this week, largely due to a profit-taking phase after a nearly 82% increase last month and ongoing concerns arising from a global trade war and an economic slowdown. The broader energy sector has suffered, with falling oil and natural gas prices influenced by increasing output from OPEC+ and market sell-offs, leading to cautious outlooks on global economic conditions.
Source: YAHOO