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Why AerSale Stock Is Losing Altitude Today

TheMotleyFool

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Why AerSale Stock Is Losing Altitude Today: https://g.foolcdn.com/editorial/images/786533/airplane-maintenance-with-ladders-in-hangar-getty.jpg

AerSale (NASDAQ: ASLE) 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.

AerSale 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 technology that provides better pilot vision in older cockpits.

Source Fool.com

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