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 aerospace lessor and maintenance company said an investigation into allegations made by Muddy Waters could delay its ...
6don MSN
FTAI Aviation strongly disagrees with Muddy Waters' short report, citing manipulation and defending the stock against a ...
Andrew Left’s Muddy Waters announced a short position in FTAI Aviation (FTAI). The company’s financial reporting is “highly misleading,” as its ...
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).
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