10 Firms Stand Out Amid Market Downturn

3. FTAI Aviation Ltd. (NASDAQ:FTAI)

FTAI Aviation Ltd. (NASDAQ:FTAI) grew its share prices for the fourth consecutive day, adding 14.37 percent to close at $143.82 apiece, as investors cheered news of the company getting cleared from allegations from a short-seller claiming it reported misleading financials.

According to FTAI’s audit committee, with support from independent legal and forensic accounting advisors, Muddy Waters’ allegations were “without merit.”

“The Audit Committee and full Board continue to take seriously our responsibility to FTAI shareholders to maintain high standards of corporate governance and internal compliance and financial reporting controls, as well as transparent and timely disclosure,” said FTAI Audit Committee chairman Paul Goodwin.

FTAI said it expects to file its annual report on schedule, alleviating fears that the report might be delayed.