Figure Technology More Than Doubles Loan Volume, but Stock Slips
FIGR stock edged lower after reporting triple-digit growth in loan volume and strong earnings. Analyst reaffirms Buy rating and $55 target.
Figure Technology grew its loan business a lot more than before, and made good money doing it, which is great—but investors sold some shares anyway. This shows that sometimes people react to good news differently than you'd expect, so watch what a company actually does, not just how the stock moves.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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