FTAI Infrastructure is trading 5.3% down now at $3.13 as broad risk-off sentiment pressures industrial and infrastructure stocks.
- U.S. equities are lower amid renewed inflation concerns and a likely Federal Reserve rate hike.
- Middle East disruptions pushed Brent crude above $108 per barrel; Reuters reported Saudi Arabiaβs pipeline shutdown could threaten up to 4% of global crude supply.
- No company-specific announcement was identified.