financetom
Market
financetom
/
Market
/
Firefly Aerospace Shares Surge in Nasdaq Debut
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Firefly Aerospace Shares Surge in Nasdaq Debut
Aug 7, 2025 10:27 AM

01:12 PM EDT, 08/07/2025 (MT Newswires) -- Firefly Aerospace ( FLY ) shares jumped 57% Thursday in their Nasdaq debut after the company priced an initial public offering of 19.3 million shares.

The shares rose to $70.72 after opening at $70, up from the IPO price of $45.

The IPO is expected to close Friday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Morgan Stanley CIO favors 60/20/20 portfolio strategy with gold as inflation hedge
Morgan Stanley CIO favors 60/20/20 portfolio strategy with gold as inflation hedge
Sep 17, 2025
Sept 16 (Reuters) - A 60/20/20 portfolio strategy that includes 20% gold is a more resilient inflation hedge at a time when U.S. equities are offering historically low upside over Treasuries and investors are demanding higher yields for long-term bonds, Morgan Stanley ( MS ) Chief Investment Officer Mike Wilson said on Tuesday. A 60/40 portfolio, which typically has 60%...
US STOCKS-US stock futures muted as caution lingers ahead of Fed's rate-cut decision
US STOCKS-US stock futures muted as caution lingers ahead of Fed's rate-cut decision
Sep 17, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow up 0.05%, S&P 500 up 0.02%, Nasdaq flat Sept 17 (Reuters) - U.S. stock index futures were little changed on Wednesday as investors held back on big bets while awaiting an announcement after the Federal Reserve's two-day...
Analysis-Fed rate cuts could set stage for broader US stock gains
Analysis-Fed rate cuts could set stage for broader US stock gains
Sep 17, 2025
NEW YORK (Reuters) -The resumption of monetary easing by the U.S. central bank could add to and broaden Wall Street's rally, investors say, though such a boost might already be priced in and could depend on whether lower interest rates help the economy avoid a significant downturn. The Federal Reserve is widely expected to reduce its benchmark rate for the first...
Euro zone bond yields dip before widely-anticipated Fed rate cut
Euro zone bond yields dip before widely-anticipated Fed rate cut
Sep 17, 2025
* Fed widely expected to cut rates * German 10-year bond yields down (Updates to Europe morning, adds quotes) By Jaspreet Kalra Sept 17 (Reuters) - Euro zone government bond yields edged lower on Wednesday ahead of a widely-expected U.S. Federal Reserve rate cut later in the day, with focus on any cues over the extent of easing the Fed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved