Normally, I like to publish Patterns & Profits around 3 p.m. ET each day. But this can’t wait…
Because yesterday, design-tech company Figma, Inc. (FIG) launched its initial public offering (IPO).
This isn’t just any tech company, either… It’s the collaborative platform used by thousands of companies (from startups to heavy hitters like Google and Airbnb) to design everything from websites to apps in the cloud.
That, on top of Adobe’s $20 billion buyout attempt back in 2022, made it one of the most anticipated IPOs in years. Everyone from Wall Street to Silicon Valley had 7-31-25 circled in their calendars.
And it absolutely exploded out of the gate – tripling on day one and racking up over $55 BILLION in value.
Now I tried to grab 1,000 shares before the open – and what happened next still has me shaking my head.
Here’s why…
Tom Gentile
America’s Pattern Trader
