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.
Why Are FTAI Aviation (FTAI) Shares Soaring Today
Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 8.4% in the afternoon session after BTIG analyst Andre Madrid showed strong confidence in the business quality and the stock, saying "Despite the market reaction,
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 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 Tumbles After Launch Of Review Following Short Seller Report: Retail Sentiment Nosedives
FTAI Aviation shares plunged 29% on Tuesday after the company launched a review following a Muddy Waters report that alleged that the company’s financial reporting was “highly misleading.” The jet aircraft lessor said that even though it strongly disagrees with the assertions in the short seller's report,
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Why Did FTAI Stock Plunge 24%?
FTAI has had a strong run, rising 154% since the beginning of 2024, outperforming the broader markets. However, looking at a ...
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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 ...
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Citi says some Muddy Waters short FTAI Aviation arguments ‘hard to understand’
After Muddy Waters Research released a short report today alleging that FTAI Aviation (FTAI) has been deceptive about its accounting practices, ...