Medical equipment maker FIGS valued at $4.57 bln in NYSE debut

  • 5/27/2021
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May 27 (Reuters) - FIGS Inc was valued at $4.57 billion in its debut on the New York Stock Exchange on Thursday, as the maker of medical scrubs, face masks and shields saw a jump in demand for its products during the COVID-19 pandemic. The company’s shares opened at $28.30, up 28.6% from the IPO price of $22. (Reporting by Niket Nishant in Bengaluru; Editing by Aditya Soni) Our Standards: The Thomson Reuters Trust Principles.

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