Core Insights - Firefly Aerospace's shares have dropped over 51% since its IPO, which was priced between $41-$43, closing at $60 on the first trading day in early August, and are currently at $29.32 [1] Company Performance - The significant decline in Firefly Aerospace's stock price indicates potential concerns regarding investor confidence and market performance following the IPO [1]

"Companies are concerned about the discount that their stock has if they're listed here in the UK," Frederique Carrier, head of investment strategy for RBC Wealth Management in the British Isles and Asia, said in an interview on "Daybreak Europe" with Bloomberg's Joumanna Bercetche. ...