FIGS

FIGS recently reduced forward guidance on continued supply chain delays. Read this article to check out why I'm on Hold for FIGS stock.

I'm the founder of IPO Edge on Seeking Alpha, a research service for investors interested in IPOs on US markets. Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Post-IPO investing carries significant volatility and risk of loss. Since FIGS has a history of generating free cash flow, its cash position is not an issue. In the past 12 months, FIGS’s stock price has dropped 57 percent vs. I wrote this article myself, and it expresses my own opinions. You should perform your own research for your particular financial situation before making any decisions. So, I’m on Hold for FIGS in the near-term. However, I’m cautious about the firm’s ability to grow revenue and retain margins in a supply-constrained environment. So, I’m on Hold for FIGS in the near-term. I’m cautious about the firm’s ability to grow revenue and retain margins in a supply-constrained environment. - The firm sells healthcare and lifestyle apparel direct-to-consumer in the U.S. and internationally.