Tag

Stock Debut

All articles tagged with #stock debut

business5 months ago

Figma's Focus on Long-Term Investors Maintains IPO Stability

Figma's IPO saw a massive first-day jump of 250%, creating over $3.5 billion in value for early investors, despite a subsequent 20% decline. The company aimed to attract long-term institutional investors by pricing shares at $33, which was possibly below what some believed the stock was worth, leading to debates about IPO pricing strategies and market efficiency.

business2 years ago

Bitcoin Depot's Successful Stock Debut and Nasdaq Listing Propel Crypto ATM Operator's Growth

Bitcoin Depot, the world's largest crypto ATM operator, saw its stock rise nearly 12% in its Nasdaq debut following a merger with a special purpose acquisition company (SPAC). The Atlanta-based company, trading under the ticker "BTM," is the first crypto ATM operator to list on a major U.S. stock market. With over 6,000 machines and a significant market share, Bitcoin Depot plans to consolidate the highly fragmented crypto ATM market and expand its installations with major retailers.