AeroCentury Corp. Comments on Unusual Market Activity
AeroCentury Corp (NYSE Amex: ACY) faced unusual market activity, prompting the New York Stock Exchange to halt trading in its stock.
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Rhea-AI Summary
AeroCentury Corp (NYSE Amex: ACY) faced unusual market activity, prompting the New York Stock Exchange to halt trading in its stock. The company confirmed it is unaware of any undisclosed material changes or developments that could explain this market fluctuation. Known for leasing regional aircraft through triple net leases, AeroCentury serves regional airlines and commercial users globally. The CFO, Harold M. Lyons, is available for inquiries.
Positive
- None.
Negative
- Trading of ACY was halted by NYSE due to unusual market activity.
- Company is not aware of any undisclosed material changes affecting its operations.
Details
News Market Reaction – ACY
The recorded move for ACY in the trading session of this news was +414.85%.
Data tracked by StockTitan Argus. Session date unavailable.
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BURLINGAME, Calif., Dec. 28, 2020 (GLOBE NEWSWIRE) -- AeroCentury Corp. (NYSE Amex: ACY), an independent aircraft leasing company, released the following statement regarding recent market activity in the Company’s stock:
In view of the unusual market activity in the stock of AeroCentury Corp (NYSE Amex: ACY), today, the New York Stock Exchange halted trading in the Company’s stock, and contacted the Company in accordance with the NYSE’s usual practice. Normally, the Company does not comment on market activity or rumors. However, the Company confirms that it is not aware of any undisclosed material change or development in its business and operations that would account for the recent unusual market activity in the Company’s stock.
AeroCentury is an aircraft operating lessor and finance company specializing in leasing regional aircraft utilizing triple net leases. The Company’s aircraft are leased to regional airlines and commercial users worldwide.
Harold M. Lyons
Chief Financial Officer
(650) 340-1888
FAQ
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