Reported 2 days ago
Figma's stock rose slightly by over 5% on Friday, following an impressive 250% surge during its initial public offering on Thursday. Priced at $33 per share, Figma's stock opened at $85, reflecting strong investor interest and raising about $1.2 billion. The company now boasts a valuation of approximately $59 billion, significantly higher than Adobe's previous acquisition attempt valued at $20 billion. Figma has experienced remarkable growth, with over 75% of Fortune 2000 companies using its design software.
Source: YAHOO