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.
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 ...
Stifel analysts revised their price target for FTAI Aviation (NASDAQ:FTAI) shares, lowering it significantly to $100 from the ...
FTAI has had a strong run, rising 154% since the beginning of 2024, outperforming the broader markets. However, looking at a ...
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 ...
FTAI Aviation stock drops amid potential delay in financial reporting. The Audit Committee of the Board of Directors ...
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 ...
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