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Figs Opens 29% Higher in First Day of Trading TheStreet 1 hr ago © TheStreet Figs Opens 29% Higher in First Day of Trading Figs , the direct-to-consumer healthcare apparel and lifestyle company, made its stock market debut, opening 29% above its initial public offering price. Popular Searches Figs, which has about 200 employees, said in a statement Wednesday that it sold 26.4 million shares at $22. The estimated IPO price had been $16 to $19 a share. This would value the company at about $4.4 billion. Figs offered 4.6 million shares and its largest holder, the Pittsburgh tech investor Tu...

Casalena considered the offer long and hard, but he didn't want to give up control. Instead, he opted to stay independent and bring in outside investors for the first time, allowing him to accelerate hiring and product development and also sell some of his stock. He didn't know it at the time, but in raising a $38.5 million financing round, Casalena was making a billion-dollar decision for himself and a highly lucrative one for venture firms Index Ventures and Accel Partners. Squarespace, which sells tools for easy website creation and publishing, debuted on the New York Stock Exchange on Wed...

COIN, MARA, RIOT and other blockchain-related stocks continue to slide as Bitcoin struggles to hold above $43,000.

In this week’s Hodler’s Digest, a big blow for Bitcoin as Tesla drops it as a payment method, Ether breaks $4,000 and Dogecoin bounces back on two pieces of good news.

Gemini's crypto custody tops $30B as analyst predicts Coinbase shares will fall to $100 Gemini's crypto assets in custody have trebled this year which the exchange attributes to surging interest from institutions and asset managers, 6803 Total views News The Winklevoss twins’ Gemini exchange now has $30 billion worth of cryptocurrencies under custody as competition heats up among top U.S. exchanges. “Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, we have more than tripled our crypto under custody since ...