India, May 15 -- York Space Systems, Inc. (YSS) shares declined 16.79 percent to $24.08, down $4.86 on Friday, after the aerospace company reported a sharply wider first-quarter net loss driven by substantial stock-based compensation expense following its initial public offering.
The stock is currently trading at $24.08, compared with a previous close of $28.94 on the New York Stock Exchange. It opened at $27.07 and traded between $23.39 and $27.65 during the session, with volume reaching 1.93 million shares, close to the average daily volume of 2.02 million shares.
Revenue increased to $116.3 million in the first quarter of 2026 from $106.3 million in the same period last year. Net loss widened to $114.8 million from $11.7 million a year...