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0.000117034349581496 0.000936274796652798 0.00190180818070097 0.00165311018784012 0.000435367780443543 -0.00678799227573291 -0.00427146117385454 -0.00807537012113069
Stock impact report

Figma's stock sinks more than 20% after last week's IPO pop [CNBC]

Adobe Inc. (ADBE) 
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
Company Research Source: CNBC
The company's market cap is still almost triple what Adobe offered in 2022 in a deal that fell apart after regulatory pushback. Figma CEO Dylan Field became the latest tech billionaire in his company's IPO. Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the $20 billion mark it would have reached in a now-scrapped merger with Adobe Inc. shares dropped 23% on Monday, cutting into the gains the design software company posted after hitting the market last week. The stock dropped $27.50 to $94.50 as of mid-day. That's down from a close of $122 on Friday. Figma and top stockholders sold about 37 million shares at late Wednesday, yielding around $412 million in proceeds flowing to the company. On Thursday, its first day of trading on Show less Read more
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