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Figma more than triples in NYSE debut after selling shares at $33

19d ago
Business
CNBC
Business strategy
Figma, the collaborative design software company, experienced a successful initial public offering (IPO) on the NYSE, more than tripling its initial share price of $33. This strong debut reflects investor confidence in Figma's rapid growth and its substantial user base, which exceeds 13 million. Key customers include tech giants like Google, Microsoft, and Netflix, highlighting the platform's significance in the design industry. The IPO signals a major milestone for Figma and underscores the increasing demand for collaborative design tools in the digital age.
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