These 10 Firms Were Thursday’s Top Performers

7. FTAI Aviation Ltd. (NASDAQ:FTAI)

FTAI Aviation Ltd. (FTAI) grew its share prices for a second consecutive day, by 10.34 percent to end Thursday’s trading at $101.5 as investors appeared to have hunted for bargains while waiting for developments on a recently-initiated investigation into its financials.

On Wednesday, investment firm BTIG maintained its buy rating for the company and a $190 price target following a strong revenue performance over the last 12 months.

Earlier this week, FTAI Aviation (FTAI) was hit by an investigation notice from a shareholder law firm after a research report from Muddy Waters said that the company has been recording one-time engine sales as Maintenance Repair & Overhaul (MRO) revenue in its Aerospace Products segment.

Muddy Waters earlier said that this enabled the company to present a misleading narrative on its financial performance, benefitting insider sellers.