NextDecade (NEXT) Sees 18.6% Drop Following $6.7 Billion LNG Financing

Reported 1 day ago

NextDecade Corp. (NASDAQ:NEXT) shares fell 18.62% to $8.09 after the company announced it raised $6.7 billion to finance the development of Train 4 of its Rio Grande liquefied natural gas project. This drop reflects investor concerns about its ongoing projects, despite the company's optimistic outlook on meeting growing natural gas demand and substantial production capacity under construction.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis