SpaceX Supplier Tumbles After First Earnings Report Since IPO

The recently public SpaceX supplier Applied Aerospace & Defense (AADX) tanked 7% its first earnings report since its June IPO. The stock fell solidly after a surprise loss. Wednesday's drop sent shares tumbling back below their IPO price of $20 a share. Shares recovered slightly Thursday morning by advancing about 2%. Applied Aerospace made a name for itself selling complex…

8/19/2026 The defense contractor Lyntris sold 17 million shares in its IPO. The stock closed 14% below its list price of...

8/19/2026 The defense contractor Lyntris sold 17 million shares in its...