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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