Figure Technology surges well above IPO price in market debut

2 hours ago 1
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  • Blockchain lender Figure Technology (NASDAQ:FIGR) has made its mark in its first day of trading, when shares started trading around 1230p ET at $36 a share, well above the IPO price of $25.
  • As of 240p ET, shares were trading at $31.50, some 26% above the IPO price.
  • Based on the $25 IPO price, Figure Technology's market cap is ~$5.3B. 

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