Movement Alert|FTAI AVIATION LTD Falls 6.18% in Regular Trading, Trading at $175.01

Market Focus
Sep 25

On September 24, FTAI AVIATION LTD fell 6.18% in regular trading, trading at $175.01 USD/share, with Turnover of $103 million.

Within the Aerospace & Defense sector where FTAI AVIATION LTD belongs, the sector showed broad-based weakness. Among individual stocks, Boeing down 1.75%, Rocket Lab USA, Inc. up 2.33%, GE Aerospace down 0.63%, Axon Enterprise, Inc. down 3.24%, RTX Corp down 0.45%.

FTAI Aviation Ltd. owns and acquires aviation assets including aircraft and engines, operating through Aviation Leasing and Aerospace Products segments. The company recently announced a $500 million share repurchase program and expanded its engine maintenance partnership with GMF in the Asia-Pacific region. In its most recent quarterly report, the company posted Q2 EPS of $1.13, missing analyst estimates, while revenue of $953.1 million exceeded expectations. The company also raised its quarterly dividend to $0.50 per share.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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