Cathie Wood and Ark Invest jumped into the Figma IPO frenzy on Thursday, snapping up 60,000 shares of the San Francisco-based software firm.
The entire purchase was allocated to the ARK Next Generation Internet ETF (BATS:ARKW), a fund that targets disruptive, high-growth technology names, a hallmark of Wood’s investment philosophy.
FIG debuted on the New York Stock Exchange at 2 p.m. EDT and quickly soared over 200%, surpassing $105 per share. By the end of its first trading day, the stock closed at $115.50, marking a noteworthy 250% gain.
Despite broader market weakness on Friday, Figma’s momentum appears to be holding strong.FIG's shares have risen another 5.8% today, reinforcing investor enthusiasm around the company’s potential in the collaborative design space.
For now it remains to be seen whether Wood and her team will expand their stake in FIG through ARKW or one of the firms other flagship ETFs, including the ARK Innovation ETF (BATS:ARKK).
Known for backing disruptive technologies, Wood’s swift investment in Figma reflects her confidence in the company’s strong brand presence and widespread developer adoption.
Year-to-date price action: FIG +250%, ARKW +46.3%, and ARKK +32.6%.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。