Arguably the most anticipated IPO during the second half of 2025 was that of technology stock Figma (NYSE: FIG). The nearly 158% gain that Figma’s shares posted on their first day of trading demonstrated this built-up anticipation.
The market clearly saw a much brighter outlook for the stock than the investment bankers who underwrote it. However, since that first day's action, the stock is down around 55% as of the Sept. 8 close. Considering this huge correction, it's reasonable to wonder whether Figma stock now represents a compelling opportunity for investors.
