FTAI Aviation Shares Fall 7.3% Amid Profit Taking After 187% Rally

Shares of aircraft leasing company FTAI Aviation fell 7.3% after a significant rally. The stock had surged 187% over the previous year, prompting some investors to sell and secure their gains. FTAI Aviation's shares are extremely volatile and have had 41 moves greater than 5% over the last year, with the previous big move being 20 days ago when the stock gained 6.5% on the news of its FTAI Power initiative.