This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXNPEC0Q1B5_M.jpg
However, even though FIGS has successfully carved out a market niche for itself, it faces competition from Amazon.com, Inc.’s (NASDAQ:AMZN) Amazon Essentials brand and Jaanuu, Inc., among others.
So, with several companies in the same field adopting or accelerating their digital business models, FIGS could face stiff competition over the long run. So, we think the stock’s near-term prospects look uncertain.
