Figma $FIG IPO was priced at $33. But somehow went to $143. Which was like a $75B valuation. But ...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Figma (FIG) shares have dropped 70% from their post-IPO peak of $143 to $44.01, despite an IPO price of $33. While the stock is still above its IPO price, it recently printed good Q3 earnings, which could signal a potential turnaround or stabilization. Investors should monitor if the positive earnings can sustain a recovery from its current "overpriced" valuation.
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By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.