Firefly Aerospace Inc. is trading 4.6% up at $34.98, rebounding from a sharp decline following a discounted 12 million-share public offering that sparked dilution and overhang concerns.
- The stock is recovering a portion of the losses sustained on June 9, 2026, when shares fell approximately 10% following the announcement of the offering.
- The upward movement comes despite slightly negative broader indices, suggesting a modest bounce as investors digest the specific terms of the deal.