Why AerSale Stock Is Losing Altitude Today
ASLEAerSale(ASLE) The Motley Fool·2024-08-09 01:43

Quarterly results fell well short of expectations.AerSale (ASLE -10.07%) results fell short of expectations, and it is still unclear when the company might see a revenue boost from a promising new product.Investors reacted by heading for the exits, sending AerSale shares down 10% as of 1:30 p.m. ET.A tough market for buyers and sellersAerSale is primarily a buyer and seller of used airplanes, engines, and aerospace parts, but the company has caught the attention of investors of late because of its AerAware ...