🚀 FIG Stock Skyrockets 250% at Launch – Crushes $30 IPO Target in Debut Frenzy

Wall Street's latest darling didn't just meet expectations—it vaporized them. FIG's explosive debut left traders scrambling and IPO underwriters counting their bonuses.

The numbers don't lie

A 250% surge isn't a rally—it's a market earthquake. That $30 price target? Reduced to rubble before lunchtime. The kind of first-day pop that makes VC firms weep with joy and SEC regulators reach for the antacids.

What's fueling the frenzy?

Zero fundamentals, 100% speculative mania—the American dream. Institutional money piling in like it's 1999, retail traders FOMO-buying at the peak, and everyone pretending they saw this coming. Bonus jab: At least this bubble has the decency to inflate faster than a stablecoin collapse.

One thing's certain—when the dust settles, someone's getting rich. And it probably won't be you.

Figma IPO And Stock Price Soar Amid 2025 Market Rebound

Record-Breaking First Day Performance

Trading began just before 2:00 p.m. ET on Thursday, and the momentum was unstoppable from the start. Extreme volatility triggered multiple trading halts, which actually happens when investor demand reaches these kinds of fever pitch levels. The company priced the FIG stock performance above the expected $30-$32 range, and they managed to raise approximately $1.2 billion through 36.94 million shares.

CEO Dylan Field‘s company sold 12.47 million shares while existing shareholders offloaded 24.46 million shares. The Figma stock price momentum didn’t stop there though – it continued into after-hours trading where shares climbed to $143.45, adding another 24.20% gain on top of an already incredible day.

Market Context And Tech IPO Revival

The Figma IPO stocks success comes at a time when the IPO market has been showing some real strength after a rough patch earlier this year. Circle (CRCL) previously gained 168% on its first day and has since climbed over 510% from its June opening. Along with that, CoreWeave (CRWV) has risen more than 160% since its March debut.

The Renaissance IPO Index actually delivered what they called an “explosive rally” in Q2, gaining 20% and outperforming the S&P 500’s 11% return during the same period. This FIG stock performance signals that investor appetite for quality technology companies is back in a big way after April’s market uncertainties caused some hesitation.

Strong Fundamentals Drive Investor Interest

The Figma stock ticker FIG surge isn’t just HYPE though – it’s backed by some solid business metrics. The company posted 46% year-over-year revenue growth, and more than three-quarters of Forbes 2000 companies are already using its design software products. This widespread enterprise adoption provides a stable foundation that investors can actually get behind.

At the time of writing, the Figma IPO comes after the company abandoned a $20 billion Adobe (ADBE) acquisition in 2023 due to European regulatory concerns. Going independent has clearly benefited shareholders, with the FIG stock now valued significantly higher than what that proposed deal price WOULD have been. Right now, many analysts believe this was the right call for the company and its investors.