JaydenJKT
08-04

$Figma(FIG)$

Overvalued But I chose to bite the dust.

Figma's initial public offering (IPO) on July 31, 2025, was a remarkable event in the tech sector.

*IPO Details:*

- *IPO Price:* 33 per share

- *Shares Offered:* Approximately 36.9 million

- *Capital Raised:* Around1.2 billion

- *Initial Valuation:* Approximately 19.3 billion

*Market Performance on Debut:*

- *Opening Price:*85 per share

- *Closing Price:* 115.50 per share

- *First-Day Gain:* Approximately 250

- *Closing Market Cap:* Around68 billion

This performance marked Figma's IPO as the largest first-day gain for a U.S. tech company raising over 500 million. The stock's surge was attributed to high investor demand, with the IPO reportedly oversubscribed by over 30 times. Figma's strong financials, including a 46

*Current Price:*

As of August 4, 2025, Figma's stock (NYSE: FIG) is trading at117.20 per share, reflecting continued investor confidence in the company's growth prospects.

If you're considering investing in Figma, it's advisable to monitor the stock's performance and consult with a financial advisor to assess its alignment with your investment goals.

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