Adobe Stock Gains 0.33 as Figma IPO Fuels Sector Competition Trading Volume Surges 42.76 to 1.58 Billion Ranking 55th While HighVolume Strategy Posts 166.71 Return Since 2022

Adobe Inc. (NASDAQ: ADBE) traded higher on July 29, 2025, with a 0.33% gain as trading volume surged 42.76% to $1.58 billion, ranking 55th in market activity. The move comes amid heightened market focus on Figma’s impending IPO, which has reignited competitive dynamics in the design software sector.

Figma, the startup once Adobe’s target for a $20 billion acquisition blocked by regulators in 2023, is set to debut publicly on July 30 with a $18.8 billion valuation. The IPO has drawn strong investor interest, with reports indicating the offering is over 30 times oversubscribed. Figma’s recent financial performance, including 46% revenue growth and a 17% GAAP operating margin, underscores its appeal as a scalable, profitable alternative to Adobe’s offerings. Analysts highlight Figma’s web-based design tools and cross-selling success, with 76% of customers using multiple products, as key differentiators.

Adobe’s response to Figma’s rise includes expanding its GenStudio AI capabilities, such as advanced image-editing features in Photoshop. Despite Figma’s growth, Adobe maintains a dominant market position, with $21.5 billion in 2024 revenue. However, Figma’s $33 billion addressable market estimate suggests room for Adobe to face sustained pressure. The IPO’s success could reshape the design software landscape, with Figma’s profitability and innovation challenging Adobe’s long-standing dominance.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day resulted in a 166.71% return from 2022 to the present, significantly outperforming the benchmark return of 29.18%. The strategy's excess return was 137.53%, and it achieved a CAGR of 31.89%. With a maximum drawdown of 0.00% and a Sharpe ratio of 1.14, the strategy demonstrated strong risk-adjusted performance and capital preservation.