Scrubs maker FIGS soars in healthy market debut
CNN
Doctors and nurses aren't likely to be strutting down runways in Milan or New York in their scrubs. But if they did appear in fashion shows, they'd likely wear outfits designed by FIGS, the trendy health care apparel company that went public Thursday.
Shares of FIGS surged more than 35% from their initial public offering price of $22 in their market debut. At a price of around $30, the company was valued at nearly $6 billion. In another sign of how strong demand was, FIGS priced its IPO above its expected range and sold more shares than planned.
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The Norwegian Nobel Institute said the Nobel Peace Prize cannot be transferred, shared, or revoked, following remarks by Venezuelan opposition leader María Corina Machado suggesting she might give her 2025 award to US President Donald Trump.
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The Washington National Opera on Friday announced it is parting ways with the Kennedy Center after more than a decade with the arts institution.