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Firefly Posts Widening Losses After Rocket Mishap. The Stock Is Losing Its Buzz After a Big IPO
Yahoo Finance· 2025-09-23 16:37
Michael Nagle / Bloomberg / Getty Images Firefly's quarterly earnings report Monday was the company’s first since it went public last month Key Takeaways Firefly's stock plunged Tuesday after the aerospace company's first earnings report since going public last month revealed widening losses. The stock had popped on its first day of trading, but enthusiasm has waned since, with recent losses dragging the shares below their IPO price. Firefly Aerospace (FLY) shares tumbled Tuesday, a day after the ae ...