Drone, Space Stocks Diverge On Firefly Explosion, Draganfly Army Contract

Investors swatted Firefly Aerospace shares early Tuesday after a section of the company’s Alpha rocket exploded during a preflight test on Monday afternoon. Aerospace peer Draganfly rallied and looked to break out after landing a drone contract with the U.S. Army. Texas-based Firefly Aerospace (FLY) on Monday was conducting tests ahead of its seventh flight for its Alpha rocket when…