Firefly Posts Widening Losses After Rocket Mishap. The Stock Is Losing Its Buzz After a Big IPO
1. Firefly's stock dropped nearly 12% following a disappointing earnings report. 2. The company reported a loss of $80.3 million, worsening from last year. 3. FAA grounded Alpha rocket after a mishap but has resumed missions now. 4. Firefly received a $10 million contract addendum from NASA for lunar data. 5. The stock is now below its IPO price of $45, highlighting volatility.