Firefly Aerospace stock wobbles before open after 13% slide as lock-up expiry nears
Firefly Aerospace shares closed down 13.5% at $25.20 Monday and traded flat early Tuesday. Roughly 122 million shares could hit the market after the Feb. 3 lock-up expiry, raising volatility concerns. The next earnings report is expected Feb. 25. Firefly’s Alpha Flight 7 launch remains scheduled for the coming weeks.