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However, the stock has lost 26.4% in price over the past month and 41% over the past three months to close yesterday’s trading session at $22.94, after hitting its 52-week low of $22.43.
Its shares plunged after the announcement of the retirement of its CFO Jeffrey Lawrence on December 10. Also, FIGS faces competition from smaller manufacturers, such as Scrubs & Beyond and Jaanuu. So, its near-term prospects look uncertain.
