Figma Inc. Class A Common Stock (FIG)
Figma stock went to the moon after its IPO. Some Robinhood users say they could only buy 1 share
Figma's initial public offering this week was a boon for investors. Well, some investors.
Figma Stock Soars 3x, Now Comes The Hard Part
Interface design software company Figma (NYSE:FIG) made a stellar debut on the public markets on Thursday, July 30, with its stock soaring more than 3x its IPO price of $33 to close at $115.50 per share. This values the company at more than $55 billion based on the outstanding shares listed in its filings.
This stock soared 250% after Jim Cramer told investors to cancel their orders
Jim Cramer, American author, journalist, and host of CNBC's Mad Money, is once again living up to his title of Wall Street's leading inverse indicator.
Design software maker Figma extends gains after blockbuster NYSE trading debut
Design software maker Figma's shares rose another 10% in premarket trading on Friday, extending strong debut-day gains after a blowout U.S. initial public offering that has reignited the tech listing market.
Figma's Meteoric Rise Creates Big Risks For You
Figma is a high-growth software leader with impressive user traction and a strong product ecosystem, but its IPO surge has pushed valuation to extreme levels. Recent financials show robust revenue growth and improving profitability, yet results are skewed by a one-time Adobe termination fee and limited operating history. Even under bullish growth and margin assumptions, Figma's current trading multiples remain exceptionally high, making it hard to justify the present valuation.
Figma surges on debut, reigniting tech IPO market
Figma shares soared more than 250% on their New York Stock Exchange debut, closing at $115.50 after pricing its initial public offering at $33 per share. The design software company's first trade at $85 valued it at roughly $50 billion, and the day ended with a market capitalisation close to $68 billion.
How Figma Made Design Everyone's Business
“It's going to be really important that companies think about not just what they're creating but how users are experiencing it,” says Figma CTO/
Figma: Investors Are Mixing Up Imagination From Reality
Figma's IPO saw shares triple, driven by strong growth, product superiority, and investor excitement, but valuation has reached dizzying heights. The company boasts impressive revenue growth, huge cash reserves, and early profitability, but trades at around 50x annualized sales after the IPO surge. Key risks include sky-high valuation, reliance on key staff, dual-class shares, slower growth, and potential upcoming competition.
Figma is going public, and the CEO was a fellow at Peter Thiel's foundation
Design software maker Figma's IPO on the NYSE is oversubscribed with share prices nearly triple the IPO's initial $33 per share price and a possible valuation of more than $50 billion.
Figma's CEO Stands to Make Billions Post-IPO. Here's What's In His Pay Package
Figma (FIG) is shooting the lights out on its trading debut. The latest big IPO stands to make co-founder and chief Dylan Field very rich.
Figma Stock More Than Triples on Its First Day of Trading
Figma (FIG), a design software maker that debuted on the New York Stock Exchange Thursday, is off to a strong start as a publicly traded company.
Figma and Backers Raise $1.2B in IPO
Early Figma investor Mamoon Hamid, partner at Kleiner Perkins, says the depth of engagement with the software attracted him to the design platform back in 2018. As the company goes public, Hamid says they have room to grow with users.
