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- FIGS Inc. (NYSE:FIGS) rose 4.2% in premarket trading amid bullish comments from billionaire investor Ron Baron.
- Baron talked positively about the healthcare apparel maker in an interview with CNBC on Tuesday.
- Baron Capital is the second biggest holder of FIGS and owns 16 million shares, or a 10% stake, as of the end of October.
- Baron previously pitched FIGS in an August interview on TV.
- FIGS, a direct-to-consumer seller of popular scrubs and other garbs for medical workers, went public in May of 2021 and its shares have dropped 58% through Monday.
- FIGS has short interest of 17%.