🔴 FLY is trading 4.6% down today as share overhang and dilution concerns persist

FLY is trading at $24.48 (-4.60%) in pre-market as investors weigh a share overhang from recent SEC resale-registration and financing disclosures.

• The downward pressure follows a sharp selloff that extended into July 8, 2026, overshadowing the announcement of a $13 million NASA subcontract.
• Dilution concerns remain a primary driver for the stock's decline despite positive company-specific contract news.
• Broader risk-off sentiment is adding further weight to the stock, with major U.S. indexes and futures trading lower pre-market.