Space Tech Firm Firefly's Stock Pops in Its Trading Debut
1. FLY shares debuted at $65, a 45% rise from IPO price of $45. 2. Firefly raised roughly $868 million, valuing the company at over $9 billion. 3. Revenue in Q1 reached $55.9 million, significantly up from last year. 4. Firefly has yet to turn a profit despite strong revenue growth. 5. IPO follows a trend of successful public offerings in 2023.