FIGS Inc co-founders Heather Hasson and Trina Spear arrive at the NYSE with FIGS ambassadors to celebrate the company's initial public offering in New York City, U.S., May 27, 2021. NYSE/Handout via REUTERS
(Reuters) - FIGS Inc's shares jumped nearly 29% in their market debut on Thursday, valuing the company at $4.57 billion, indicating robust investor interest after the maker of medical scrubs, face masks and shields saw a jump in demand during the COVID-19 pandemic.
The shares opened at $28.30 each, up from the offer price of $22 each, in what was the first listing to be included on Robinhood's platform which will give retail investors the opportunity to buy shares in initial public offerings.
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