$Figma(FIG)$ Figma's post-earnings sell-off (-20%) highlights a classic IPO trap: strong topline ($249.6M revenue beat) but breakeven EPS and looming lock-up expiry (35% shares) weighing heavily. History shows that when insiders are allowed to sell, supply overwhelms demand — short-term headwinds remain strong. Yet, ARK-s $5.9M buy isn't random. Cathie Wood's playbook often anticipates disruptive SaaS rebounds, and Figma’s fundamentals remain intact: positive net income ($846k vs loss last year), strong enterprise demand, and a sticky design ecosystem rivaling Adobe. 📊 Price Levels to Watch: $50 → near-term psychological floor. If broken, expect algo-driven pressure. $33 → IPO price. A full round-trip here would flush weak hands and create a
ARK Loads Figma After 20% Plunge! Follow or Wait for IPO Pricing?
Figma surpassed revenue estimates but it faces huge lock-up expiry. Some investors have agreed to an extended lock-up expiration for 35% of their shares. EPS: Breakeven Revenue: $249.6 million vs. $248.8 million expected Net income totaled $846,000, compared with a loss of $827.9 million in the second quarter of 2024. The stock lost 20% after earnings. Ark Invest acquired 108,238 shares of Figma through ARKW. Total value of the trade amounted to $5.9 million. ------------ Is it a buy if it dips under $50? How do you view the extention? If Figma dips to $33 - IPO price, would you add?
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