GEMI Below IPO Price vs FIGR Keep Running? Which to Buy Now?

Gemini Space fell below its $28 IPO price just days after listing. However, Figure is up 72% in two weeks. With GEMI now trading below its IPO level, would you see this as a buying opportunity or a warning sign of further downside? Is Figure aiming for 100% upside this year? Would you chase Figure or bottom Gemini?

Gemini

57%

Figure

43%

User Discussion

Figr  to the🌙 and beyound
avatar1D1GnZ
09-24
A bit worrying watching $Gemini Space Station, Inc.(GEMI)$ unable to take off, despite their massive backing and the overall hype around the IPO launch. 

GEMI Falls Below IPO Price: Bargain Entry or a Red Flag Loss In Space?

$Gemini Space Station, Inc.(GEMI)$ Introduction: A Fast Fall From Grace Few events in equity markets generate as much excitement as a hotly anticipated IPO. For investors, a listing offers the chance to get in early on the next great growth story. But IPOs can be double-edged swords: while some soar in their first weeks, others stumble almost immediately, leaving shareholders questioning whether they misjudged the hype. That’s exactly what we’re seeing with Gemini Space (NASDAQ: GEMI). After a debut on September 12 at $28 per share, GEMI surged initially, riding strong retail enthusiasm. Yet just days later, the stock has reversed course sharply. On September 18, it closed at $24.53, down 12.8% in a single day and firmly below its IPO price. For i
GEMI Falls Below IPO Price: Bargain Entry or a Red Flag Loss In Space?
Bottom fish could make sens around usd 20 to 25.
avatarxc__
09-18

GEMI's Crypto Comet Crashes: Scoop Up the Debris or Dodge the Fallout?

$Gemini Space Station, Inc.(GEMI)$ Winklevoss twins' Gemini Space Station is spiraling hard, tanking 12.8% to $24.53 and breaching its $28 IPO floor mere days after a flashy Nasdaq debut that spiked to $45.89 highs—now a brutal 46% haircut from peak, mirroring crypto chills with Coinbase dipping 2.2% and Bitcoin fading 1%. This $3.3B-valued exchange, packing $21B in assets and institutional muscle, posted a gaping $283M net loss in H1 2025, swelling from prior years, while its price-to-sales ratio balloons at 26x against a 4x industry norm—fueling bear raids on overvaluation amid regulatory fog and profit droughts. Yet bulls spy a contrarian play: SEC settlement whispers, stablecoin/NFT innovations, and Nasdaq's $50M stake signal resilience, plus
GEMI's Crypto Comet Crashes: Scoop Up the Debris or Dodge the Fallout?
avatarMkoh
09-18
Gemini Space Station (NASDAQ: GEMI), the crypto exchange founded by the Winklevoss twins, priced its IPO at $28 per share on September 11, 2025, raising $425 million in a deal that was oversubscribed ~20x. The stock debuted strongly on September 12, opening at $41 and peaking at ~$46, before closing the first day at $32 (up 14% from IPO). However, it has since pulled back sharply amid broader market volatility, post-IPO selling pressure, and scrutiny over the company's fundamentals. As of September 17 close, GEMI traded at ~$24.53, down 12.8% that day and ~24% from debut highs—firmly below the IPO price.This dip aligns with a cooling in the 2025 crypto IPO wave (e.g., Bullish $BLSH down 43% post-IPO, eToro down 14%), where initial hype fades as investors digest losses and competition. Bott
I am lucky to be allocated 24 shares. #FIGR being an underdog (less popular in IPO)to #GEMI and #KLAR, has a good run during and after IPO.  With the 0.25 rate cut and 2 more cut in the pipe line, this is good news for FIGR. More upside expected. Will definitely keep this stock for good luck and for long term. 
$Gemini Space Station, Inc.(GEMI)$   If it dropped below the IPO price... Soon it becomes a penny stock?! Luckily I didn't catch it at $28, saved my bullets đŸ˜
avatarJC888
09-17

FIGR - just another Stablecoin IPO. Buy?

Stablecoin issuer Figure Technologies increased the size and raised the price range of its initial public offering first mentioned on Tue, 9 Sep 2025 as retail investors bid up crypto-related stocks, confirming a Reuters report. The company revised its IPO at a price range of $20 to $22 a share – up from its previous range of $18 to $20 a share. It also raised the number of shares to 31.5 million from around 26 million. Initial FIGR's IPO would have raised as much as $526 million and valued the company at $4.1 billion. With revision and based on top end of new pricing range, Figure's IPO will raise roughly $693 million and value the company at $4.66 billion. IPO’s proceeds will fund (i) corporate growth, (ii) working capital, and (iii) potential acquisitions, further amplifying its scalabi
FIGR - just another Stablecoin IPO. Buy?
avatarCory2
09-16
FIGR’s 30% move and GEMI’s 14% gain are strong, but those kinds of spikes right after an IPO often attract fast money and volatility. I’m cautiously bullish — crypto IPOs can ride hype, especially if this week’s rate cut improves liquidity, but chasing too high can trap late buyers. Personally, I’d scale out partial profits to lock in gains and keep a smaller position for upside, rather than going all-in and risking a sharp pullback. Sustainability will depend on whether real adoption and volume follow the initial hype.
avatarAN88
09-16
Yes will keep on running 
FIGR ose 30%, while GEMI gained 14% last week. 1. I couldn't  manage to get apply for these 2 IPOs 2. Yes, surely in the short term. For the long term, they are likely to have the hype subsided. 3. Partially 4. I could onlyw get a few in the secondary market & the gains are minimal. Since the holdings are fee, I am planning to hold for some more time. gains?
1. Allocation in Tiger’s IPO subscription I did not participate in Tiger’s IPO subscription directly. Tiger Brokers does provide allocations for retail investors, but availability often depends on demand and subscription size. In cases like GEMI and FIGR, oversubscription tends to be high, making allocations relatively limited. --- 2. Bullishness on crypto IPO performance At present, investor sentiment toward crypto IPOs is clearly strong—FIGR rose 30% and GEMI 14% in just one week. Much of this momentum is speculative, fuelled by both retail enthusiasm and institutional appetite for exposure to digital asset infrastructure. That said, performance is uneven: companies with proven business models beyond mere “crypto branding” are more likely to sustain gains, while those relying solely on h

Netskope IPO: Igniting the Cloud Security Market 🚀

$Netskope, Inc.(NTSK)$ This IPO has finally taken center stage. With the latest disclosures laid out, the market immediately grew restless. The ticker is "NTSK," listed on the Nasdaq.The company plans to issue 47.8 million Class A common shares at a price range of $15 to $17 per share. If priced at the upper end, the offering could raise up to $813 million, targeting a valuation of $6.5 billion. Compared to the $7.5 billion valuation from its 2021 private placement, this represents a slight downward adjustment—essentially reflecting market conditions that no longer permit overly "lofty" valuations.What about the fundamentals?Netskope's growth trajectory remains smooth. By July 2025, its ARR reached $707 million, marking a 33% year-over-year increa
Netskope IPO: Igniting the Cloud Security Market 🚀

Crypto IPO Boom: Did You Profit From FIGR’s 30% Surge and GEMI’s 14% Gain?

$Figure Technology Solutions(FIGR)$ A Red-Hot Week for Crypto-Linked Listings This week marked another milestone for the cryptocurrency sector as two highly anticipated IPOs — Figure Technology (FIGR) and Gemini (GEMI) — made their way to the public markets. The results were impressive: FIGR soared 30% during its first week of trading, while GEMI closed up 14% after its Friday debut. These performances sent a strong signal: investors, both institutional and retail, are still hungry for crypto exposure. Despite ongoing regulatory challenges and volatility in digital asset prices, companies tied to blockchain and cryptocurrencies are finding no shortage of buyers when they go public. Why the “Crypto Premium” Is Still Alive In traditional equity mark
Crypto IPO Boom: Did You Profit From FIGR’s 30% Surge and GEMI’s 14% Gain?
avatarShyon
09-15
I didn't manage to get an allocation in either FIGR $Figure Technology Solutions (FT Intermediate)(FIGR)$  or GEMI's $Gemini Space Station, Inc.(GEMI)$   IPO subscriptions, so I didn't gain anything from their impressive performances this week. It's a bit disappointing to miss out, especially with FIGR rising 30% and GEMI gaining 14%. I'm still tied up with my previous investment in BLSH $Bullish(BLSH)$   stock, which has kept me from exploring these new opportunities. Speaking of my portfolio, I'm really glad I held onto Tesla. It rebounded strongly last week, which has been a bright spot for me. The gains there have helped balance out t
avatarWeChats
09-15
🚀 Crypto IPO Fever: FIGR +30%, GEMI +14%! Bubble or Breakthrough? The crypto world just reminded Wall Street — and Main Street — that hype is still alive. Forget Bitcoin for a moment. The real fireworks are coming from crypto IPOs, where fresh listings like Figure ($Figure Technology Solutions(FIGR)$  ) and Gemini $Gemini Space Station, Inc.(GEMI)$   are attracting both institutional money and retail FOMO. FIGR surged +30% this week, cementing itself as one of the hottest listings of 2025. GEMI gained +14% on debut, proving there’s still strong demand, even as the broader market battles volatility. At a time when traditional IPOs often stumble, these crypto-linked names are defying gravity.
Between the two, Figure Technology Solutions (FIGR) delivered the larger day-one pop; Gemini (GEMI) also priced well and closed higher. Scoreboard (this week) FIGR (Figure Technology Solutions) — Priced at $25, raised about $787.5M, and closed its debut at $31.11 (+24%), after opening strength.  GEMI (Gemini) — Reported debut close around $32 vs $28 offer (+14%), after volatility and brief trading halts.  If you had equal IPO fills at offer price (illustration) $1,000 in FIGR at $25 (→ $31.11) ≈ +$244; $1,000 in GEMI at $28 (→ $32) ≈ +$143. (Assumes full fills at offer; actual P&L depends on allocation size and any aftermarket trades.) Figures use reported offer/close prices above.  On Tiger’s IPO subscription I can’t access your Tiger account, but note that hot deals of