Key Points Firefly's Alpha rocket experienced a setback on a testbed, its second incident in recent months. The company's stock has been volatile during its short time on public markets. Investors should expect that volatility to continue. 10 stocks we like better than Firefly Aerospace › Newly public Firefly Aerospace (NASDAQ: FLY) experienced a setback in a test of its Alpha rocket, its second failure in recent months. Investors are concerned about what the failures will do to Firefly's timeline ...