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News  ›  GlobeNewswire Inc.

UPCOMING DEADLINE: Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Faruqi & Faruqi, Llp
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Announces that Firefly Aerospace Investors Have Opportunity to Lead Class Action Lawsuit

A securities class action lawsuit has been filed against Firefly Aerospace Inc. for allegedly making false and misleading statements about its Spacecraft Solutions demand and Alpha rocket program's operational readiness. The company's stock fell significantly following disappointing Q2 2025 earnings (revenue down 26.2% YoY, Spacecraft Solutions down 49%) and a failed Alpha Flight 7 rocket test on September 29, 2025. Investors have until January 12, 2026 to seek lead plaintiff status.

Insights
DASH   positive

Up over 50% from IPO closing level


FLY   negative

The company faces a federal securities class action lawsuit alleging material misstatements about product demand and rocket program viability. Stock declined 15.31% and 20.73% following disappointing earnings and a failed rocket test, with revenue significantly below expectations and declining year-over-year.