Firefly Aerospace (NASDAQ: FLY ) shares sank a little over 51% since the IPO (priced for $41-$43 closing $60 per share on the first day of trading in early August), to $29.32 this morning. The stock crash is thanks to twoAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in FLY over the next 72 hours. I wrote this a ...

"Companies are concerned about the discount that their stock has if they're listed here in the UK," Frederique Carrier, head of investment strategy for RBC Wealth Management in the British Isles and Asia, said in an interview on "Daybreak Europe" with Bloomberg's Joumanna Bercetche. ...