FTAI Stock Plummets in Fallout From Short Seller’s Report.
The aerospace lessor and maintenance company said an investigation into allegations made by Muddy Waters could delay its financial statements.
FTAI Aviation says it strongly disagrees with assertions in Muddy Waters short report
FTAI Aviation (NASDAQ:FTAI) said it "strongly" disagrees with the assertions in the Muddy Waters short report on Wednesday. "The Company believes that the recent report by Muddy Waters is an attempt to profit at the expense of FTAI’s shareholders by manipulating the Company’s stock price,
FTAI Aviation shares sink following investigation into short-seller claims
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.
FTAI Aviation May Delay 10-K After Short-Seller Report
FTAI said it strongly disagrees with the report's claims, but will likely need time to review them thoroughly as it prepares audited financial statements for fiscal 2024. As a result, the filing of the annual report may be delayed, the company said. FTAI shares dropped 20% to $89.91 in premarket trading.
FTAI Aviation falls after saying short report may prompt delay of 10-K filing
Shares of FTAI Aviation (FTAI) have fallen $28.97, or 26%, to $83.41 in Tuesday morning trading after the company issued a regulatory filing
FTAI Aviation Shares Recover After Short Seller-Driven Decline: What To Know
FTAI Aviation Ltd. (NASDAQ: FTAI) shares are trading higher Thursday rebounding from a sharp decline following allegations in a report by Muddy Waters.
FTAI Aviation Shares Drop 27% Amid Short Seller Accusations
Shares of FTAI Aviation dropped after a report from short seller Muddy Waters Research accused the company of an alleged accounting manipulation within the company's maintenance, repair and overhaul business. The stock was down 27% to $111.36 in Wednesday trading. Shares have surged 123% over the past 12 months.
Why FTAI Aviation (FTAI) Stock Is Falling Today
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) fell 7.4% in the afternoon session after Muddy Waters, a research firm known for short reports and bets that stocks are overvalued, published a report on FTAI.
FTAI Aviation stock falls 8.8% premarket amid review announcement
FTAI Aviation's stock fell by 8.8% in premarket trading following the company's announcement that its board has decided to initiate a review. This decision comes in response to allegations made in a report by Muddy Waters (NYSE:WAT).
FTAI Aviation plunges after saying it will begin review in response to short report
FTAI Aviation (NASDAQ:FTAI) dropped 25% in premarket trading after the company's board determined that it will start a review in response to allegations from a Muddy Waters' short report last Wednesday.
Muddy Waters goes short FTAI, says financials ‘highly misleading’
Andrew Left’s Muddy Waters announced a short position in FTAI Aviation (FTAI). The company’s financial reporting is “highly misleading,” as its ...
Why FTAI Aviation (FTAI) Shares Are Sliding Today
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) fell 28.3% in the morning session after the company released ...
What's Going On With FTAI Aviation Stock Today?
FTAI Aviation stock drops amid potential delay in financial reporting. The Audit Committee of the Board of Directors ...
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FTAI Aviation says it strongly disagrees with assertions in Muddy Waters short report (update)
FTAI Aviation (NASDAQ:FTAI) said it "strongly" disagrees with the assertions in the Muddy Waters short report on Wednesday. "The Company believes that the recent report by Muddy Waters ...