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FIGS, Inc.

3.81

-0.1500-3.79%

Post-market: 3.910.0996+2.61%19:50 EDT

Volume:1.38M

Turnover:5.31M

Market Cap:619.20M

PE:237.01

High:3.97

Open:3.93

Low:3.80

Close:3.96

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Overview Company News Filings

Figs: Q4 Earnings Snapshot

Associated Press Finance

Figs reports Q4 adjuted EPS 1c, consensus 1c

Figs sees FY25 revenue down low-single-digits vs 2024, consensus $559.94M

FIGS Q4 Adj EPS $0.01, Inline, Sales $151.83M Beat $139.78M Estimate

Figs’s (NYSE:FIGS) Q4: Beats On Revenue

BRIEF-FIGS Q4 Revenue USD 151.8 Million Vs. IBES Estimate USD 139.8 Million

Figs Inc Q4 Shr View $0.01 -- Lseg Ibes Data

THOMSON REUTERS

Figs Inc Outlook FY Net Revenues Growth VS. 2024 to Be Down Low-Single-Digits

THOMSON REUTERS

Figs Inc FY2025 REV View $560.4 Mln -- Lseg Ibes Data

THOMSON REUTERS

Figs Inc: Increases Share Repurchase Authorization by $50 Mln

THOMSON REUTERS

Figs Inc: Qtrly Adj EPS $0.01

THOMSON REUTERS

Calendar of U.S. Earnings Expected in the Week Ahead

Figs (FIGS) Reports Q4: Everything You Need To Know Ahead Of Earnings

FIGS Announces Participation in the Raymond James 46th Annual Institutional Investors Conference

FIGS, Inc. (NYSE:FIGS) is largely controlled by institutional shareholders who own 67% of the company

Simply Wall St.

Ron Baron's Strategic Acquisition of FIGS Inc Shares

FIGS Announces Date of Fourth Quarter and Full Year 2024 Earnings Release, Conference Call and Webcast

FIGS, RealReal, and More Stocks See Action From Activist Investors -- Barrons.com

Sector Update: Consumer Stocks Higher in Late Afternoon Trading

MT Newswires Live

Sector Update: Consumer Stocks Advance in Afternoon Trading

MT Newswires Live

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The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 1 cent per share.The health care apparel company posted revenue of $151.8 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $139.3 million.For the year, the company reported profit of $2.7 million, or 2 cents per share. Revenue was reported as $555.6 million.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/figs-q4-earnings-snapshot-214704599.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["FIGS"],"gpt_icon":0},{"id":"2514355855","title":"Figs reports Q4 adjuted EPS 1c, consensus 1c","url":"https://stock-news.laohu8.com/highlight/detail?id=2514355855","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514355855?lang=en_us&edition=fundamental","pubTime":"2025-02-28 05:38","pubTimestamp":1740692281,"startTime":"0","endTime":"0","summary":"Reports Q4 revenue $151.8M, consensus $139.53M. “We finished the year with solid momentum, as our fourth quarter results exceeded our expectations ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/figs-reports-q4-adjuted-eps-1c-consensus-1c?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/figs-reports-q4-adjuted-eps-1c-consensus-1c?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["FIGS"],"gpt_icon":0},{"id":"2514858355","title":"Figs sees FY25 revenue down low-single-digits vs 2024, consensus $559.94M","url":"https://stock-news.laohu8.com/highlight/detail?id=2514858355","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514858355?lang=en_us&edition=fundamental","pubTime":"2025-02-28 05:37","pubTimestamp":1740692229,"startTime":"0","endTime":"0","summary":"Sees adjusted EBITDA margin 9%-9.5% Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. 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This is a 80 percent decrease over earnings of $0.05 per share from the same period last year.  The company","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/02/44026406/figs-q4-adj-eps-0-01-inline-sales-151-83m-beat-139-78m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"FIGS Q4 Adj EPS $0.01, Inline, Sales $151.83M Beat $139.78M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FIGS"],"gpt_icon":0},{"id":"2514353290","title":"Figs’s (NYSE:FIGS) Q4: Beats On Revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=2514353290","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514353290?lang=en_us&edition=fundamental","pubTime":"2025-02-28 05:24","pubTimestamp":1740691461,"startTime":"0","endTime":"0","summary":"Healthcare apparel company Figs  reported Q4 CY2024 results exceeding the market’s revenue expectations , with sales up 4.8% year on year to $151.8 million. Its non-GAAP profit of $0.01 per share was in line with analysts’ consensus estimates.Revenue: $151.8 million vs analyst estimates of $139.8 million . Adjusted EPS: $0.01 vs analyst estimates of $0.01 . Adjusted EBITDA: $21.08 million vs analyst estimates of $12.73 million . Revenue guidance for the upcoming financial year 2025 of a low-single-digit percentage decline . EBITDA guidance for the upcoming financial year 2025 is $50.35 million at the midpoint, below analyst estimates of $60.77 million. Rising to fame via TikTok and founded in 2013 by Heather Hasson and Trina Spear, Figs  is a healthcare apparel company known for its stylish approach to medical attire and uniforms.We can dig further into the company’s revenue dynamics by analyzing its number of active customers, which reached 2.67 million in the latest quarter. Over the","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/figs-nyse-figs-q4-beats-212421202.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["NYSE","FIGS"],"gpt_icon":0},{"id":"2514330188","title":"BRIEF-FIGS Q4 Revenue USD 151.8 Million Vs. IBES Estimate USD 139.8 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2514330188","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514330188?lang=en_us&edition=fundamental","pubTime":"2025-02-28 05:05","pubTimestamp":1740690346,"startTime":"0","endTime":"0","summary":"BRIEF-FIGS Q4 Revenue USD 151.8 Million Vs. IBES Estimate USD 139.8 Million\n\n\nFeb 27 (Reuters) - FIGS Q4 adjusted EBITDA margin 13.9%.\n\nQ4 adjusted net income USD 1.9 million vs. IBES estimate USD 1.81 million\nQ4 adjusted EBITDA USD 21.1 million vs. IBES estimate USD 12.9 million","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nPLX172E85:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FIGS"],"gpt_icon":0},{"id":"2514835349","title":"Figs Inc  Q4 Shr View $0.01 -- Lseg Ibes Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2514835349","media":"THOMSON 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Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2514353450","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514353450?lang=en_us&edition=fundamental","pubTime":"2025-02-28 05:05","pubTimestamp":1740690301,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250227:nPLX172E85:8","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1878469433.USD","BK4198","BK4539","BK4202","BK4535","BK4561","FIGS"],"gpt_icon":0},{"id":"2514353137","title":"Figs Inc: Increases Share Repurchase Authorization by $50 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Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2514868877","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514868877?lang=en_us&edition=fundamental","pubTime":"2025-02-27 19:00","pubTimestamp":1740654000,"startTime":"0","endTime":"0","summary":"Major companies tentatively scheduled to report quarterly earnings in the week ahead, with earnings estimates provided by FactSet Research Systems Inc.·Ardagh Mtal Pckg                                4Q       .02   7:00 AM. ·argenx SE ADR                                   4Q      1.81   1:00 AM. ·Bain Cap Spec Fin                               4Q       .47       AMC. ·Bath & Body Wrks                                4Q      2.04   6:55 AM","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["DCO","DUOL","ANAB","CUBE","FTDR","FMX","ASTH","GMRE","CARS","CLOV","GTN.A","ADAP","FIP","ACHC","ESTC","EFXT","EB","FA","EVRG","BBWI","GDEN","HGV","AAON","GDRX","DYN","CTKB","XRAY","SATS","AVPT","HRTX","CODI","DLO","ALG","HRL","AUPH","ECVT","ARGX","EDR","EXFY","GTN","CYTK","CCOI","EOG","FIGS","GSBD","CLCO","ADSK","BIRK","BE"],"gpt_icon":1},{"id":"2514885978","title":"Figs (FIGS) Reports Q4: Everything You Need To Know Ahead Of Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2514885978","media":"StockStory","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514885978?lang=en_us&edition=fundamental","pubTime":"2025-02-26 21:19","pubTimestamp":1740575975,"startTime":"0","endTime":"0","summary":"Healthcare apparel company Figs  will be reporting earnings tomorrow after the bell. Here’s what to look for.Figs missed analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $140.2 million, down 1.5% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ adjusted operating income estimates. It reported 2.67 million active customers, up 3.8% year on year.Is Figs a buy or sell going into earnings?Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft  to Alphabet , Coca-Cola  to Monster Beverage  could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/figs-figs-reports-q4-everything-131935892.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["FIGS"],"gpt_icon":0},{"id":"2514706462","title":"FIGS Announces Participation in the Raymond James 46th Annual Institutional Investors Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2514706462","media":"Business Wire","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514706462?lang=en_us&edition=fundamental","pubTime":"2025-02-25 05:05","pubTimestamp":1740431100,"startTime":"0","endTime":"0","summary":"SANTA MONICA, Calif., February 24, 2025----FIGS, Inc. , the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today announced that Trina Spear, Chief Executive Officer and Co-Founder, and Sarah Oughtred, Chief Financial Officer, are scheduled to participate in a fireside chat at the Raymond James 46th Annual Institutional Investors Conference on Monday, March 3, 2025, at 11:00 a.m. ET.FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. We create technically advanced apparel and products that feature an unmatched combination of comfort, durability, function and style. We share stories about healthcare professionals’ experiences in ways that inspire them. We build meaningful connections within the healthcare community that we created. Above all, we seek to make an impact for our community, including by advo","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/figs-announces-participation-raymond-james-210500038.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4561","FIGS","LU1804176565.USD","LU0971096721.USD","BK4588","LU1878469433.USD","LU1363072403.SGD","BK4202","BK4585","BK4211","BK4535","ISBC","LU2265009873.SGD","BK4127","IE00B64PRP62.GBP","RJF","IE00B3QW5Z07.USD","IE00BGHQF748.EUR","BK4198","BK4539"],"gpt_icon":0},{"id":"2513409337","title":"FIGS, Inc. (NYSE:FIGS) is largely controlled by institutional shareholders who own 67% of the company","url":"https://stock-news.laohu8.com/highlight/detail?id=2513409337","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513409337?lang=en_us&edition=fundamental","pubTime":"2025-02-24 19:30","pubTimestamp":1740396619,"startTime":"0","endTime":"0","summary":"Given the large stake in the stock by institutions, FIGS' stock price might be vulnerable to their trading decisions. 50% of the business is held by the top 7 shareholders. If you want to know who really controls FIGS, Inc. , then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 67% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises .Let's delve deeper into each type of owner of FIGS, beginning with the chart below.What Does The Institutional Ownership Tell Us About FIGS?Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/figs-inc-nyse-figs-largely-113019074.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4202","BK4539","LU1878469433.USD","BK4535","NYSE","FIGS","BK4561","BK4198"],"gpt_icon":0},{"id":"2513789606","title":"Ron Baron's Strategic Acquisition of FIGS Inc Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2513789606","media":"GuruFocus","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513789606?lang=en_us&edition=fundamental","pubTime":"2025-02-23 10:33","pubTimestamp":1740278022,"startTime":"0","endTime":"0","summary":"On February 20, 2025, Ron Baron (Trades, Portfolio), a prominent figure in the investment world, executed a significant transaction involving FIGS Inc. The firm added 8,793,826 shares of FIGS Inc at a","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.gurufocus.com/news/2710267/ron-barons-strategic-acquisition-of-figs-inc-shares","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"gurufocus_highlight","symbols":["FIGS","BK4539","BK4198","LU1878469433.USD","BK4561","BK4535","BK4202"],"gpt_icon":0},{"id":"2509784890","title":"FIGS Announces Date of Fourth Quarter and Full Year 2024 Earnings Release, Conference Call and Webcast","url":"https://stock-news.laohu8.com/highlight/detail?id=2509784890","media":"Business Wire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509784890?lang=en_us&edition=fundamental","pubTime":"2025-02-07 05:05","pubTimestamp":1738875900,"startTime":"0","endTime":"0","summary":"Live Call:  470-1428  or +1 404 975 4839 . The replay will be available from approximately two hours after the completion of the live call through March 6, 2025. FIGS uses the ir.wearfigs.com website, as well as press releases, filings with the U.S. Securities and Exchange commission and public conference calls and webcasts, in order to achieve broad, non-exclusionary distribution of information to the public and for complying with our disclosure obligations under Regulation FD.FIGS is a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals. We create technically advanced apparel and products that feature an unmatched combination of comfort, durability, function and style. We share stories about healthcare professionals’ experiences in ways that inspire them. We build meaningful connections within the healthcare community that we created. Above all, we seek to make an ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/figs-announces-date-fourth-quarter-210500326.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["FIGS"],"gpt_icon":0},{"id":"2504989112","title":"FIGS, RealReal, and More Stocks See Action From Activist Investors -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2504989112","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504989112?lang=en_us&edition=fundamental","pubTime":"2025-01-18 05:38","pubTimestamp":1737149880,"startTime":"0","endTime":"0","summary":"These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity's attaining more than 5% in any class of a company's securities. Subsequent changes in holdings or intentions must be reported in amended filings. This material is from Jan. 9 through Jan. 15, 2025. Source: VerityData. Orthofix Medical Juniper Investment disclosed a new position in the medical-device firm of 1,937,249 shares. Juniper reported that it purchased 101,089 of those shares from Dec. 2 through Dec. 31, 2024, at per share prices ranging from $17.28 to $19.25. Following the latest purchases, Juniper Investment owns 5.1% of Orthofix Medical's outstanding stock, requiring it to report further Orthofix purchases or sales. Shares of Orthofix Medical have gained roughly a quarter in value since the beginning of 2024.Following the latest sales, 210 Capital continues to own 6.7% of P10's outstanding stock. Shares of P10 have gained over a third in value since t","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4198","ISBC","OFIX","PX","BK4535","BK4135","BK4561","FIGS","BK4106","BK4202","BK4211","REAL","BK4122","LU1878469433.USD","BK4226","BK4094","IBEX","BK4082","BK4539"],"gpt_icon":0},{"id":"2504786119","title":"Sector Update: Consumer Stocks Higher in Late Afternoon Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2504786119","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2504786119?lang=en_us&edition=fundamental","pubTime":"2025-01-18 04:43","pubTimestamp":1737146584,"startTime":"0","endTime":"0","summary":"Consumer stocks rose late Friday afternoon with the Consumer Staples Select Sector SPDR Fund  increasing 0.7% and the Consumer Discretionary Select Sector SPDR Fund  climbing 1.7%.In corporate news, Amazon.com  was issued a final order by the US Consumer Product Safety Commission to take action regarding certain hazardous products sold on its platform. The shares gained 2.4%.Honda Motor's  auto financing arm was ordered to pay $12.8 million by a US consumer watchdog for alleged credit-reporting failures. Honda shares climbed 1%.PepsiCo  is facing a lawsuit filed by the US Federal Trade Commission in a federal court in Manhattan for alleged price discrimination against retailers, Bloomberg reported. PepsiCo shares added 1%.Figs  rejected an unsolicited acquisition proposal from Story3 Capital Partners. 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PepsiCo shares were up nearly 1%.Volkswagen aims to expand its partnership with Rivian , beyond existing software collaboration, German news outlet Spiegel reported. Volkswagen plans to invest nearly $6 billion in Rivian by 2027. Separately, Rivian said late Thursday it closed a loan agreement with the US Department of Energy for up to $6.6 billion to back the construction of a plant in Georgia. Rivian shares were down fractionally.Figs  has rejected an unsolicited acquisition proposal from Story3 Capital Partners. 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