This software stock is down 74%, but set for a sharp rebound
Figma (NYSE: FIG) is one of those rare IPOs where the chart looks broken, but the underlying business doesn’t. The stock priced at $33 in its July 31, 2025 IPO, opened at $85, and closed day one at $115.50, an explosive 250% debut that is called the biggest first-day pop in at least three decades
