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13 days

Firefly Aerospace prices shares at $45, above the expected range

1. Firefly Aerospace’s IPO priced at $45, exceeding expectations. 2. Company valued at $6.3 billion after raising $868 million. 3. FLY to debut on Nasdaq, attracting strong investor interest. 4. Space sector sees renewed investor confidence amid recent IPOs. 5. Significant public offerings signal market recovery for new listings.

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FAQ

Why Very Bullish?

Firefly's IPO exceeding expectations indicates strong investor demand, akin to successful tech IPOs like Zoom and DoorDash.

How important is it?

High IPO pricing and substantial investment affirm the company's growth potential, indicative of a thriving market environment.

Why Short Term?

Initial trading post-IPO typically sees volatility and growth; investor sentiment will influence FLY's short-term performance.

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