Firefly Aerospace Inc Stock (NASDAQ: FLY): Lawsuit Headlines, Sector Pullback, and What to Watch Before Monday’s Open
Firefly Aerospace shares fell 13.7% to $23.34 Friday amid a surge of legal headlines tied to securities class action lawsuits over its August 2025 IPO. Multiple law firms issued notices outlining allegations the company overstated demand and growth prospects. The broader market ended flat, with major indexes near record highs. Extended-hours trading showed little change in FLY’s price.