Design software vendor Figma made its public market debut on Thursday, with shares more than tripling in the first day. The stock jumped 5% on Friday, trading above $120. Figma priced its shares between $30 and $32 per share, $1 above initial estimates.
The company, founded in 2012, had a tumultuous past. Adobe tried to acquire it for $20 billion in 2022, but the deal fell apart after regulators expressed concerns over competition. Despite this, Figma has become one of the most promising young tech companies, ranking 45th on CNBC’s 2025 Disruptor 50 list.
Figma’s debut follows other recent IPOs by technology companies, including CoreWeave in March and Hinge Health in May.
Source: https://www.cnbc.com/2025/08/01/figma-fig-stock-ipo-price.html