FIG is trading at $28.15 (-4.22%) in pre-market on March 2, 2026, as escalating Middle East conflict and surging oil prices drive a broad market selloff.
- Sharp declines in major indices (S&P 500 -1.05%, NASDAQ -1.42%) follow reports of US-Israel strikes on Iran and the closure of the Strait of Hormuz.
- The risk-off sentiment has neutralized positive momentum from yesterday's disclosure of a $1.31B stake (6.07% ownership) by SC US Ttgp LTD.
- Investors are pivoting away from growth stocks as regional instability continues to weigh on global market valuations.