FIGS: Recent Rally Not Justified By Fundamentals, Stock Still A Hold (NYSE:FIGS)

A nurse posing in a hospital corridor

Catherine Delahaye/DigitalVision via Getty Images

FIGS (NYSE:FIGS) is a healthcare apparel retailer famous for its high-quality, trendy scrubs.

I started covering the company in March 2024 with a Hold rating. The rating was based on the company’s low operating margins, dilutive

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