Firefly Climbs as SpaceX IPO Buzz Lifts Space Stocks
Firefly Aerospace Inc. surged 12% Friday afternoon, trading at $48.11 as the space-and-defense group moved higher on strong volume. Shares climbed back above the IPO price, with nearly 5.9 million changing hands by 1:24 p.m. EDT and the market cap at $7.7 billion. Investors moved into space stocks after new SpaceX listing details.
