WHY $FIG FIGMA IS ONE OF THE DIRTIEST GAMES WALL STREET PLAYED ALL YEAR:
Let’s dive in.
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
The Figma, Inc IPO, ticker $FIG, was significantly underpriced by Wall Street banks at $33/share, only to immediately trade at $100 and then close at $143.49, up 252.42% on the day. This highlights the substantial profits underwriting banks are making from IPOs, suggesting a potential "long financials" play as IPO season heats up.
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