Firefly Aerospace Would Be Really Profitable If It Weren't for All Its Expenses

Firefly Aerospace (NASDAQ: FLY) reported Q2 2025 earnings last week, its first official earnings report since holding an amazingly (if only temporarily) successful initial public offering (IPO) in August.Firefly, you may recall, IPO'ed at $45 last month and quickly rocketed, closing its first day of trading up 33%. A stock's success can only be driven by pure momentum for so long, however, and Firefly stock began giving back its gains just as quickly, closing last week below $36 per share -- then falling 20% more on Tuesday after news that a Firefly rocket had exploded during testing drove the stock lower.By Tuesday's close, Firefly stock was trading just over $29 a share -- and 36% below its IPO offer price.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool