FTAI Aviation shares are trading lower after the company announced the pricing of a secondary offering of shares.
Portfolio Pulse from Benzinga Newsdesk
FTAI Aviation shares are trading lower following the company's announcement of the pricing of a secondary offering of shares.
May 29, 2024 | 4:46 pm
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FTAI Aviation shares are trading lower after the company announced the pricing of a secondary offering of shares.
The announcement of a secondary offering typically leads to a dilution of existing shares, which can negatively impact the stock price in the short term. This is reflected in the current trading behavior of FTAI Aviation shares.
CONFIDENCE 90
IMPORTANCE 80
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