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Why Firefly Aerospace Stock Just Crashed


Firefly Aerospace (NASDAQ: FLY), the recent space stock IPO and one of only a handful of entities ever to have successfully landed on the moon, saw its stock price crumble Thursday, down 12.5% through 11:20 a.m. ET.

The craziest thing of all: It happened in response to positive news.

Image source: Getty Images.

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Source Fool.com

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