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Figma shares surge 250% in software group’s Wall Street debut
Figma rallied 250 per cent to $115.50 a share on Thursday as it started trading on the New York Stock Exchange following an IPO that raised more than $1.2bn. The share rally — which was so sharp that it triggered multiple pauses in trading — gave the group a fully diluted market value above $60bn.
The hype train has left the station, and Figma's share price is rocketing higher. Here is what might come next.
Wall Street has plenty of appetite for risk even without Fed rate cuts .
Antitrust pressure killed Adobe's $20 billion takeover for design startup Figma. Its cofounder Dylan Field floated the ...
Figma’s stock was clearly in hot demand. The company initially said last week it expected to sell its stock to investors for ...
Design software maker Figma's shares surged another 20% in morning trading on Friday, extending strong debut-day gains after ...
Figma Inc. raised $1.2 billion with an initial public offering on Thursday, with shares trading for $33, which increased its ...
Figma's strong growth and ecosystem impress, but extreme IPO valuation sparks concerns. Explore why a soft 'sell' rating may ...
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