🔴 FIG is trading 6.2% down today as profit-taking hits post-earnings rally

FIG is trading 6.2% down at $21.84 after a sharp multi-day post-earnings run-up left shares vulnerable to profit-taking and volatility.

• The drop follows Tuesday’s 4.9% slide linked to rising Treasury yields pressuring growth stocks.
• Investors are de-risking high-multiple software names despite Figma’s recently reported 46% revenue growth.