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ARK Loads Figma After 20% Plunge! Follow or Wait for IPO Pricing?

Figma surpassed revenue estimates but it faces huge lock-up expiry. Some investors have agreed to an extended lock-up expiration for 35% of their shares. EPS: Breakeven Revenue: $249.6 million vs. $248.8 million expected Net income totaled $846,000, compared with a loss of $827.9 million in the second quarter of 2024. The stock lost 20% after earnings. Ark Invest acquired 108,238 shares of Figma through ARKW. Total value of the trade amounted to $5.9 million. ------------ Is it a buy if it dips under $50? How do you view the extention? If Figma dips to $33 - IPO price, would you add?

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