🟢 FTAI Infrastructure Inc. is trading 5.2% up today on continued momentum following its $1.52 billion Long Ridge asset sale

FTAI Infrastructure Inc. is trading 5.2% up at $4.75 as it extends a rebound following the company’s announced $1.52 billion Long Ridge sale.

• The asset sale is expected to significantly improve the company's balance sheet by reducing debt and lowering interest expenses.
• The stock continues to recover from recent lows after gaining 10.8% on June 8, with today's move further supported by broader strength in U.S. equity markets.