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NYSE:FIGS 2 March 2026

FIGS stock in focus: shares steady after Friday surge, tariffs and 2026 outlook back in play

FIGS stock in focus: shares steady after Friday surge, tariffs and 2026 outlook back in play

FIGS shares surged 23.9% Friday to $15.45 after reporting Q4 net revenue up 33% to $201.9 million and net income of $18.5 million. The company expects 2026 revenue growth of 10% to 12% but flagged tariff pressures and a lower gross margin. Shares held near $15.40 in after-hours trading. Investors await management’s March 4 conference appearance for further details.
2 March 2026
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Stock Market Today

  • Asia-Pacific Markets Drop as U.S.-Iran Tensions Escalate Over Strait of Hormuz
    March 22, 2026, 9:40 PM EDT. Asia-Pacific markets tumbled Monday amid escalating U.S.-Iran tensions over the Strait of Hormuz, a key global energy route. President Trump threatened to "obliterate" Iran's power plants if the strait isn't reopened within 48 hours. Iran vowed retaliatory strikes on energy infrastructure and U.S. financial targets. Japan's Nikkei 225 and South Korea's Kospi plunged over 5%, while Australia's S&P/ASX 200 and Hong Kong's Hang Seng also declined. Brent crude prices eased slightly but remain elevated at around $112 per barrel, reflecting sustained market unease. The widening Brent-WTI oil price spread points to persistent supply disruptions. Traders brace for prolonged conflict impact on energy markets as regional tensions increase.
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