Online scrubs seller Figs soars 36% in stock market debut

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Shares of Figs Inc., which sells scrubs online to nurses and doctors, soared 36% in their stock market debut  ทดลองเล่นสล็อตโรม่าฟรีไม่ต้องสมัคร Thursday, valuing the 8-year old company at more than $ 4.8 billion.

Heather Hasson and Trina Spear founded founded the company in 2013, setting out to remake what medical scrubs looked like: from baggy and V-necked to a more fitted silhouette in different styles.

At first, Hasson and Spear sold the scrubs from their cars outside hospitals, trying to catch health care workers as they left their shifts at 7 a.m. and 7 p.m. Today, Figs sells its goods online, and offers scrub bottoms that look like joggers and tops that are sleeveless.

The company aims to dress health care workers from head to toe, selling underwear, socks and fleece jackets that go with its scrubs. It has also partnered with New Balance to sell a line of sneakers.

Last year, Fig's revenue more than doubled to $ 263 million from the year before. Its profit soared to $ 49.7 million from $ 112,000 in 2019.

Figs, which is based in Santa Monica, California, raised more than $ 580 million in its initial public offering, selling nearly 26.4 million shares at $ 22 apiece. Hasson and Spear are co-CEOs.

The IPO is the first to be sold on stock trading app Robinhood, giving regular people a way to buy shares in an IPO. Typically, only Wall Street insiders can buy into companies before they become public, although there have been some exceptions.