Why AerSale Stock Is Losing Altitude Today

Quarterly results fell well short of expectations. AerSale (ASLE -10.07%) results fell short of expectations, and it is still unclear when the company might see a revenue boost from a promising new product. Investors reacted by heading for the exits, sending AerSale shares down 10% as of 1:30 p.m. ET. A tough market for buyers and sellers AerSale is primarily a buyer and seller of used airplanes, engines, and aerospace parts, but the company has caught the attention of investors of late because of its AerAw ...