Firefly Shares Surge, Then 12 Million-Share Sale Surfaces
Firefly Aerospace Inc. shares jumped Tuesday but dropped in after-hours trading. The space and defense firm said it would launch a planned public offering of common stock just hours after announcing a new lunar subcontract tied to NASA. The stock ended regular trading at $58.81, up 18.8%. It hit $62.17 at its high for the session. In after-hours action, the shares slipped to $55.91, off 4.9% from the close.
