FIG is trading at $35.06 (-3.67%) amid ongoing post-IPO volatility and high valuation concerns.
- The recent drop reflects mixed signals from one-time IPO expenses, including $975.7M in stock-based compensation and $122.6M in elevated R&D spending.
- This occurs despite strong 38% YoY revenue growth reported for 2025.
- The decline aligns with broader tech sector jitters, as the S&P 500 trades modestly down 0.11% on softer inflation data.