IREN proposes $875 million convertible notes offering due 2031
Fortress Transportation (NASDAQ:FTAI) and Infrastructure Investors LLC (FTAIN) stock has touched a 52-week low, dipping to $24.48. With a beta of 2.12, indicating higher volatility than the market, and an attractive 8.2% dividend yield, the infrastructure and transportation-focused company has seen its shares fluctuate over the past year. InvestingPro data reveals 14 additional investment insights for this stock. The company has actually posted a 10.2% total return over the past year, supported by impressive revenue growth of 36.8% and a strong current ratio of 3.86x. Investors are closely monitoring the stock as it navigates through the current economic landscape, balancing industry-specific headwinds with the company's strategic growth initiatives.
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