FIG is trading 4.9% down at $21.80 as shares normalize following a sharp two-day post-earnings rally.
- The stock surged on May 14–15 after reporting Q1 revenue growth of 46% and strong enterprise-wide seat expansion.
- Management highlighted significant momentum in AI-related monetization strategies.
- Today's decline appears to be profit-taking amid a slightly weaker broader tech tape, with no fresh company-specific headlines emerging.