FIG is trading at $23.11 (+4.95%) bucking the broader market downtrend despite a recent SEC filing disclosing an insider share sale.
- CTO Kris Rasmussen sold 205,438 shares for approximately $5.1 million at an average price of $25.01 on February 10.
- The stock is significantly outperforming major indices, which have slipped between 0.01% and 0.12% in early trading.
- No other company-specific catalysts have been identified to account for the current upward momentum.