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%.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。