🔴 FTAI Infrastructure is trading 5% down today amid rising oil prices and Treasury yields

FTAI Infrastructure is trading 5.44% lower at $2.96 as U.S. markets fall.

• Market context cites rising oil prices, Treasury yields, renewed U.S.–Iran tensions, and inflation and rate concerns.
• On September 28, FTAI announced an agreement to acquire a Port Arthur crude terminal and a 50% interest in an Alberta diluent recovery unit for approximately $255 million; the assets are expected to generate about $50 million in annual EBITDA. The announcement does not attribute the decline to the deal.