Scrubs maker FIGS soars in healthy market debut
CNN
Doctors and nurses aren't likely to be strutting down runways in Milan or New York in their scrubs. But if they did appear in fashion shows, they'd likely wear outfits designed by FIGS, the trendy health care apparel company that went public Thursday.
Shares of FIGS surged more than 35% from their initial public offering price of $22 in their market debut. At a price of around $30, the company was valued at nearly $5 billion. In another sign of how strong demand was, FIGS priced its IPO above its expected range and sold more shares than planned.Senate Democrats have confirmed some of President Joe Biden’s picks for the federal bench this week in the face of President-elect Donald Trump’s calls for a total GOP blockade of judicial nominations – in part because several Republicans involved with the Trump transition process have been missing votes.
Donald Trump is considering a right-wing media personality and people who have served on his US Secret Service detail to run the agency that has been plagued by its failure to preempt two alleged assassination attempts on Trump this summer, sources familiar with the president-elect’s thinking tell CNN.