FTAI Aviation Commences Secondary Offering Of 2,090,561 Shares
Portfolio Pulse from Benzinga Newsdesk
FTAI Aviation has announced a secondary offering of 2,090,561 shares.
May 28, 2024 | 8:08 pm
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FTAI Aviation has announced a secondary offering of 2,090,561 shares, which could lead to a short-term decrease in stock price due to dilution.
A secondary offering increases the number of shares available in the market, which can dilute the value of existing shares and potentially lead to a short-term decrease in stock price.
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