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I Tried To Buy 1,000 Shares Of The Figma IPO

1. Figma's IPO launched on July 31, valued at over $55 billion. 2. The stock tripled on its first trading day, indicating high demand. 3. Under Robinhood's IPO program, many retail investors faced allocation issues. 4. Figma's design platform is used by major companies like Google and Airbnb. 5. Options trading for FIG will begin soon, following new SEC rules.

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FAQ

Why Very Bullish?

Figma's exceptional market debut indicates strong demand and investor interest, similar to successful tech IPOs like Snowflake.

How important is it?

Figma's IPO success reflects broader market trends and could signal further tech investments.

Why Long Term?

Figma's growth potential and established user base support sustained interest, akin to Salesforce's post-IPO trajectory.

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