FTAI Aviation Shares Sink Following Investigation Into Short-Seller Claims
(Reuters) - Shares of FTAI Aviation plummeted more than 30% on Tuesday after the U.S. aircraft lessor announced that its audit committee would investigate claims of financial irregularities made by short-seller Muddy Waters Research.
These alleged misrepresentations were brought to light on January 15, 2025, when the prominent short-selling firm Muddy Waters Research published a scathing report. The report accused FTAI of ...
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Why Are FTAI Aviation (FTAI) Shares Soaring TodayWhat Happened? Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 8.4% in the afternoon session after BTIG ...
FTAI has had a strong run, rising 154% since the beginning of 2024, outperforming the broader markets. However, looking at a ...
NEW YORK, NY / ACCESS Newswire / January 21, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of FTAI ...
Further, Muddy Waters alleges that FTAI improperly depreciates engines that are not on lease, which artificially inflates its earnings before interest, taxes, depreciation, and amortization (EBITDA).
Stifel analysts revised their price target for FTAI Aviation (NASDAQ:FTAI) shares, lowering it significantly to $100 from the ...
The complaint alleges that in reality, the majority of FTAI Aviation's adjusted EBITDA in the Aerospace Products segment comes from gains on sales, which are less recurring in nature, and that FTAI ...
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