FIG is trading at $26.88, down 3.2%, continuing its sharp downward trend amid broader tech sector pressure and trade war fears.
- The stock has lost roughly 28% in just over a week, declining from $37.33 on January 9, despite no company-specific news emerging today.
- This movement aligns with the broader market, following a 2.4% Nasdaq decline yesterday stemming from tariff concerns.
- The weakness reflects investor risk-off sentiment, particularly affecting growth and software companies.