🔴 FLY is trading 4.7% down today despite securing a $13M NASA subcontract, as post-offering pressure persists

FLY is trading 4.7% down today at $26.69. - The decline occurs despite Firefly Aerospace announcing a $13 million subcontract from NASA's JPL for the SkyFall Mars mission. - Investors continue to weigh the impact of the recent June equity offering and related share supply. - Broader market risk-off sentiment toward high-growth companies also contributes to the downside move.