Figure Technology stock crashes 20% following mixed Q4 earnings
Figure Technology's stock plummeted by 20% after the company reported mixed Q4 earnings. While the firm achieved a revenue increase, its net loss widened compared to the previous year, raising concerns among investors. The results fell short of analysts' expectations, leading to a significant sell-off. Additionally, Figure's outlook for the upcoming quarter has been met with skepticism, further contributing to the stock's decline.
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