Figure Technology Solutions fell after a short-seller report questioned its technology positioning and business model, Granahan Investment Management said. The firm cited credibility and valuation concerns despite strong results and modestly reduced its position.
Granahan said it would continue evaluating the report's issues against Figure's underlying business progress. Figure closed at $31.90 on Sept. 25, 2026, down 21.89% year to date, within a 52-week range of $24.11 to $78.00.
Insider Monkey's database showed Figure in 32 hedge fund portfolios at the end of Q2, down from 51 in the previous quarter.
