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BTCC / BTCC Square / Global Cryptocurrency /
Figma’s FIG Stock Surges 250% on Debut, Defying IPO Expectations

Figma’s FIG Stock Surges 250% on Debut, Defying IPO Expectations

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-08-01 12:50:01
0
BTCCSquare news:

Figma's FIG stock made a staggering debut, soaring 250% from its $33 IPO price to close at $117 per share. The rally pushed the company's valuation beyond $45 billion, marking one of the most explosive market entries this year. Trading halts triggered by extreme volatility underscored the frenzy as shares later climbed another 24% in after-hours trading.

The IPO raised $1.2 billion through 36.94 million shares, with CEO Dylan Field and existing shareholders capitalizing on the demand. This performance signals a potential revival for tech IPOs amid broader market recovery trends.

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