Firefly Aerospace (NASDAQ: FLY) stock surged 17% on Thursday, defying a broader market decline after surpassing analyst expectations in its Q3 report for both sales and earnings. The positive momentum continued into Friday, with the stock up an additional 6% by 2:22 p.m. ET. This performance highlights Firefly’s strong position in the space industry following its recent IPO. The company’s successful results have garnered investor confidence amidst a challenging market environment.
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