Shares of Firefly Aerospace Soar Following Its IPO Debut -- Should You Buy the Stock Now?
The Motley Foolยท2025-08-07 18:58
The spacecraft company is the latest IPO to hit the market with a bang.Shares of the spacecraft maker Firefly Aerospace (FLY 39.89%) blasted into orbit today following the company's initial public offering. Shares began trading this afternoon and immediately jumped to $70 per share after pricing at $45 in an initial public offering (IPO) that raised $868 million. As of 2:17 p.m. ET, shares traded up around 44% to $66 per share.The IPO market stays hotAfter several big IPOs including Figma last week, the IPO ...