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Barchart
Wajeeh Khan

Should You Buy the Post-IPO Dip in Firefly Aerospace Stock?

Firefly Aerospace (FLY) remains in focus on Monday morning after its blockbuster initial public offering (IPO) that raised about $868 million last week. 

Firefly priced its IPO at an upwardly revised $45 a share, but the stock opened at $70 in its Nasdaq debut on Thursday, fetching the space technology company a valuation of nearly $8.5 billion. 

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