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BTCC / BTCC Square / Global Cryptocurrency /
Figma’s Post-IPO Plunge Reflects Broader Market Jitters

Figma’s Post-IPO Plunge Reflects Broader Market Jitters

Author:
Global Cryptocurrency
Published:
2025-08-04 21:23:01
19
1
BTCCSquare news:

Figma's stock collapsed 23% in four days, erasing nearly all gains from its blockbuster IPO. The design software company's shares tumbled from $122 to $94.50 despite reporting 40% revenue growth and profitability - rare virtues among recent tech debuts.

The selloff occurred as Morgan Stanley, Deutsche Bank, and Evercore ISI strategists warned of broader market weakness. Figma now carries a $56 billion diluted valuation - triple Adobe's failed 2022 acquisition offer that regulators blocked.

CEO Dylan Field retains a $5 billion stake as investors rapidly cooled on high-growth tech names. The reversal highlights how quickly Wall Street's appetite for risk can vanish when economic storm clouds gather.

|Square

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