Firefly Aerospace Stock Rockets 15% As SpaceX IPO Buzz Puts FLY Back On Traders’ Radar
Firefly Aerospace Inc. shares closed 15.5% higher at $49.50 on Friday and ended the week up about 22%, as investors bought publicly traded space names after fresh SpaceX news pulled attention back to the sector. The move came on heavy volume for FLY and put the stock above its August IPO price. The timing matters. U.S. markets are shut for the weekend and Nasdaq is closed Monday, May 25, for Memorial Day, leaving Tuesday as the next regular trading session for investors to decide whether Friday’s move was a durable bid or a late-week chase.