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CNBC
19 days

Figma more than triples in NYSE debut after selling shares at $33

1. Figma's IPO priced at $33, stock later soared to over $85. 2. Tech IPO market reopens, with stronger demand for shares. 3. Figma boasts over 13 million users, strong customer base includes major firms. 4. Second quarter revenue projected between $247 million and $250 million. 5. Future IPOs expected to follow Figma's successful debut.

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FAQ

Why Very Bullish?

Figma's IPO success suggests strong investor confidence in tech stocks, potentially boosting FIG's value.

How important is it?

Successful IPO could attract investor interest, enhancing brand perception and market position.

Why Short Term?

Immediate market interest due to recent IPO, likely increasing FIG’s stock price rapidly.

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