California-based healthcare apparel manufacturing company Figs Inc (FIGS) is up 9% on the Street on Monday despite no announcement from the company to drive the shares.
The company went public on May 27 after making $263 million in revenue in 2020. The company shares were listed at $22 on their first day in the market.
Currently, the shares are trading at $40.56, up $4.06 or 11.15% since opening at $37.13. Before the weekend, the shares closed at $36.40 and in the 52-week period, the shares have ranged from $28.25 to $40.70.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.