Reported 3 days ago
Figma's stock price skyrocketed by 250% on its debut trading day, closing at over $117 after opening at $85, which positions the company's valuation at more than $45 billion. The IPO witnessed strong demand, raising approximately $1.2 billion from the sale of nearly 37 million shares. This impressive launch comes after Figma abandoned its plans to sell to Adobe due to regulatory concerns, and it reflects a robust IPO market in 2025, following other successful tech debuts.
Source: YAHOO