Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) fell 28.3% in the morning session after the company released ...
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 ...
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 8.4% in the afternoon session after BTIG analyst Andre ...
The news caused a significant decline in the price of FTAI Aviation stock. On January 15, 2025, the price of the company's stock fell 24%, from a closing price of $153.29 per share on January 14, 2025 ...
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).
The aerospace lessor and maintenance company said an investigation into allegations made by Muddy Waters could delay its ...
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 8% in the morning session as the stock continued to recover after the Muddy Waters short report accusing the company of ...
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 ...
In particular, FTAI allegedly reported one-time engine sales as MRO revenue, despite only performing limited repair and maintenance work on the engines sold. Muddy Waters also alleges that the ...
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 ...