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Firefly Aerospace shares jumped over 18% after the company raised its annual revenue forecast to $150-158 million and reported a $1.3 billion backlog supported by a NASA contract. Despite the rally, the stock remains nearly 60% below its IPO price. The firms Q3 loss widened to $140.4 million due to higher launch and IPO-related expenses.
short by / 01:11 pm on 13 Nov
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