{"id":50871,"date":"2025-07-31T20:41:09","date_gmt":"2025-07-31T20:41:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/50871\/"},"modified":"2025-07-31T20:41:09","modified_gmt":"2025-07-31T20:41:09","slug":"figmas-stock-soars-in-its-highly-anticipated-ipo-market-cap-instantly-hits-45b","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/50871\/","title":{"rendered":"Figma&#8217;s stock soars in its highly anticipated IPO, market cap instantly hits $45B"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so quickly that trading was halted for a short time due to market volatility.<\/p>\n<p class=\"wp-block-paragraph\">The price is currently bouncing between $101 and $112 with a mid-day market cap of $45 billion, Yahoo Finance reports.<\/p>\n<p class=\"wp-block-paragraph\">The company and existing investors sold shares at the IPO price of $33 per share. Quite the pop.<\/p>\n<p class=\"wp-block-paragraph\">There has been so much demand for this stock that people on X are <a href=\"https:\/\/x.com\/nadavwiz\/status\/1950924101423403066\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">posting<\/a> <a href=\"https:\/\/x.com\/brianhc\/status\/1950922497517318477\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">funny<\/a> pictures of their orders being fulfilled by Robinhood. Instead of getting dozens or hundreds of shares as requested, they are being allocated one solitary share, they say. (One person <a href=\"https:\/\/x.com\/alexkehr\/status\/1950953559119528375\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">bragged about<\/a> getting 17 shares.)<\/p>\n<p class=\"wp-block-paragraph\">In any case, the successful IPO means Figma\u2019s failed $20 billion acquisition by competitor Adobe in 2023 is now just a shoulder-shrug footnote in the company\u2019s history.<\/p>\n","protected":false},"excerpt":{"rendered":"Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so&hellip;\n","protected":false},"author":2,"featured_media":50872,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,39193,4759,39194],"class_list":["post-50871","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-figma","tag-ipos","tag-ipos-2025"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/50871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=50871"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/50871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/50872"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=50871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=50871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=50871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}