Figs Opens 29% Higher in First Day of Trading
Figs Opens 29% Higher in First Day of Trading TheStreet 1 hr ago © TheStreet Figs Opens 29% Higher in First Day of Trading Figs , the direct-to-consumer healthcare apparel and lifestyle company, made its stock market debut, opening 29% above its initial public offering price. Popular Searches Figs, which has about 200 employees, said in a statement Wednesday that it sold 26.4 million shares at $22. The estimated IPO price had been $16 to $19 a share. This would value the company at about $4.4 billion. Figs offered 4.6 million shares and its largest holder, the Pittsburgh tech investor Tu...
Source: msn.com