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News  ›  GlobeNewswire Inc.

Portnoy Law Firm Announces Class Action on Behalf of Firefly Aerospace, Inc. Investors

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Portnoy Law Firm
Portnoy Law Firm Announces Class Action on Behalf of Firefly Aerospace, Inc. Investors

Portnoy Law Firm announces a class action lawsuit against Firefly Aerospace for allegedly misleading investors about spacecraft solutions demand, rocket program readiness, and financial performance during August-September 2025.

Insights
FITBO   positive

The acquisition is expected to be earnings accretive, improve return on assets, and expand market presence without negatively impacting book value


FLY   negative

Stock price dropped 15.31% after disappointing Q2 2025 financial results and an additional 20.73% after a rocket launch failure, with allegations of overstating business prospects and operational readiness