BUZZ-FTAI Aviation plummets after announcing probe into Muddy Waters' claims

Reuters
01-21
BUZZ-FTAI Aviation plummets after announcing probe into Muddy Waters' claims

** Aircraft lessor FTAI Aviation's shares FTAI.O fall 30.6% to $77.99

** Co said its audit committee would investigate claims of financial irregularities made by short-seller Muddy Waters Research

** Also said it may delay its annual report filing to allow the review to be completed

** In 2024, FTAI had risen 210.4%

(Reporting by Aatreyee Dasgupta)

((Aatreyee.Dasgupta@thomsonreuters.com))

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