Is Figs a Buy After $1 Billion Buyout Rumors?

Shares of Figs (NYSE: FIGS) jumped this week after the company reportedly received a buyout offer for around $1 billion. In this video, Travis Hoium shows why private equity buyers may be interested and what the stock could do now.

*Stock prices used were end-of-day prices of Dec. 11, 2024. The video was published on Dec. 12, 2024.

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Travis Hoium has positions in Figs. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.