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News  ›  GlobeNewswire Inc.

FLY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Firefly Aerospace Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Robbins Geller Rudman & Dowd Llp
FLY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Firefly Aerospace Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Firefly Aerospace faces a class action lawsuit alleging misleading statements about its business performance, with investors claiming the company overstated demand, growth prospects, and operational readiness, leading to significant stock price drops after earnings report and rocket failure.

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FLY   negative

Company reported substantial quarterly losses, missed revenue estimates, experienced a 49% year-over-year decrease in Spacecraft Solutions revenue, and suffered a rocket launch failure, resulting in significant stock price declines and a potential class action lawsuit