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FTAI Infrastructure Shares Surge on Bullish Forecasts

Published 2 days, 3 hours ago
Description

FTAI Infrastructure shares surged 6.4% on Friday, closing at $5.04 per share, following analysts prediction of 59.5% revenue growth over the next year. The companys stock, which has been volatile with 53 moves of over 5% in the past year, is still trading near 30% below its 52-week high. Despite the recent gains, investors who bought at the IPO would still have a return of around 167.8%.

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