Why Did FTAI Stock Plunge 24%?

Carson Block, founder and director of Muddy Waters Capital LLC, speaks during the 21st annual Sohn ... [+] Investment Conference in New York, U.S., on Wednesday, May 4, 2015. Photographer: Michael Nagle/Bloomberg *** Local Caption *** Carson Block© 2016 Bloomberg Finance LPFTAI Aviation stock (NASDAQ: FTAI), an aircraft leasing company, saw a sharp 24% fall on Wednesday, Jan 15. This can be attributed to a report published by Muddy Waters Research alleging that FTAI manipulates its financials. FTAI is accus ...