Reported about 10 hours ago
Tech IPOs are reaching near 10-year highs, with notable performances observed in companies like Figma and Circle Internet Group, which saw first-day price increases of 250% and 165% respectively. So far in 2025, IPOs have averaged a first-day pop of 27.5%, led by the tech sector's 36% average increase, indicating strong market momentum. Despite the initial hype, many tech stocks, like Figma, have experienced price corrections post-IPO, which raises questions about the sustainability of these valuations.
Source: YAHOO