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 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 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 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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