(Bloomberg) — Figma Inc. has taken investors who pounced on the year’s hottest initial public offering for a wild ride, shedding $21 billion from a peak in the days following its record-breaking IPO. Most Read from Bloomberg The San Francisco-based company’s shares have been trading on-and-off all week below the $85 level, where they opened…
After opening for trade just before 2:00 p.m. ET on Thursday at $85 per share, Figma (FIG) closed its first day of trading above $117 on Thursday, rising more than 250% from where the design and collaboration software firm priced its initial public offering at $33 per share. At the close of trading on Thursday,…
After opening for trade just before 2:00 p.m. ET on Thursday at $85 per share, Figma (FIG) closed its first day of trading above $117 on Thursday, rising more than 250% from where the design and collaboration software firm priced its initial public offering at $33 per share. At the close of trading on Thursday,…
Tomorrow, July 31, 2025, Figma plans to begin trading on the New York Stock Exchange under the ticker symbol “FIG” SAN FRANCISCO, July 30, 2025–(BUSINESS WIRE)–Figma is a design and product development platform—where teams come together to turn ideas into the world’s best digital products and experiences. Today, we’re announcing the pricing of Figma’s initial…
By Manya Saini and Ateev Bhandari (Reuters) -Design software firm Figma said on Wednesday it had raised $1.22 billion in its U.S. initial public offering, as investors warm up again to pure-play tech listings following a years-long dry spell. The San Francisco-based company and some of its existing investors sold 36.9 million shares at $33…
By Manya Saini and Niket Nishant (Reuters) -Figma raised the proposed price range for its U.S. initial public offering on Monday and is now aiming for a valuation of $18.8 billion, in the latest sign of strong investor appetite for high-growth technology stocks. The design software firm, along with some of its investors, is looking…
Chinese biotech company Leads Biolabs has hit the Hong Kong stock exchange, snagging $189 million through an initial public offering on the HKEX. The Nanjing-based antibody aficionado plans to use the windfall first and foremost on clinical trials, the company said in a July 24 release. About $123 million will go to clinical research, with…
(Reuters) -Cryptocurrency exchange Bullish on Friday disclosed a quarterly loss compared to a year-ago profit in its paperwork for a U.S. initial public offering, amid rising investor interest in the sector. Bullish joins crypto exchange Gemini and crypto-focused asset manager Grayscale — both of which have confidentially filed for potential U.S. listings. Uncertainty surrounding President…
Shein, the China-founded fast-fashion giant, is reportedly set to file a draft prospectus confidentially for an initial public offering (IPO) in Hong Kong, potentially as early as this week, according to a report in Reuters that quotes three sources familiar with the matter. The move, as per Reuters exclusive report, could make Shein one of…
Hong Kong can achieve “high-quality development” by leveraging its unique advantages and remaining open, the city’s finance chief has said, as he revealed that the local stock market has outperformed other major indexes so far this year. Writing on his weekly blog, Financial Secretary Paul Chan Mo-po also said that despite worries about the impact…