FTAI is trading 4.1% up now at $232.69 following a credit rating upgrade from Moody’s to Ba1 with a stable outlook.
- Moody’s cited a sharp reduction in leverage and improved interest coverage as the primary drivers for the rating lift.
- The stock is significantly outperforming the broader market today, following reports of a 23% jump in pre-market trading.
- Analysts suggest the move is driven by improved perceived credit quality and company-specific strength rather than broader market trends.