Figma’s stock sinks after last week’s post-IPO surge
Dylan Field, Figma’s founding partner and CEO, is located on the floor of the New York Stock Exchange on July 31, 2025.
Michael Nagle | Bloomberg | Getty Images
Figure Stocks fell 23% on Monday and released after release last week, the design software firm reduced the earnings.
The stock fell to $ 27.50 at noon to $ 94.50. This Friday fell from $ 122 closing.
Figma and the best shareholders sold approximately $ 37 million from $ 33 million per share on Wednesday and earned about $ 412 million in revenue. On Thursday, the first day of trading on the New York Stock Exchange, the stock endured.
The first reception is a renewed appetite in Wall Street for high growth technology companies after historically a slow tension for the first public offers.
The Figma said that the second quarter income expects the second quarter income to increase by about 40% in an updated public offering prospectus. However, unlike many technology companies that have been opened to the public for the last few years, the figma regularly made profit.
Figma’s fully diluted valuation is about $ 56 billion, and the amount that Adobe agrees to pay in its 2022 purchasing proposal is almost doubled. Organizers in the European Union and the UK opposed the agreement that the two companies were called at the end of 2023.
Dylan Field, Figma’s 33 -year -old CEO, has more than $ 5 billion stocks in the company even after the slide on Monday.
