- Founded by Michael Scott Cagney and June Ou in 2018
- Headquartered in Reno, NV
- https://www.figure.com/
Figure Technology Solutions Inc.’s stock rallied 24% in its first day of trading on Thursday in a sign of sustained interest by Wall Street in the fast-growing digital-currency sector.
At the closing bell, Figure Technology’s stock stood at $31.11 a share, up $6.11 from its IPO price of $25 a share. The stock opened at $36 a share in the early afternoon and traded between a high of $38.05 and a low of $30.13 a share.
The pricing of Figure’s IPO came just after Klarna Group PLC’s stock rose 14.6% on its first day of trading, after the buy-now-pay-later company’s IPO also priced above its estimated range. Klarna’s stock was down 6.7% in its second day of trading Thursday.
- 8 days later
