Firefly Aerospace is trading 4.21% lower at $17.08 amid a broader technology and space-stock selloff; no clear company-specific catalyst has emerged for October 16.
- Reports cite concern about AI-related debt and interest rates, with Firefly among space stocks under pressure.
- Shares touched a 52-week low of $15.99 on October 15 before rebounding that day.
- Major indexes were lower, especially the Nasdaq, consistent with broader risk-off sentiment rather than a new company announcement.