Figma's IPO Surges Past $20 Billion, Signaling Market Confidence
TL;DR Summary
Figma Inc. is set to open trading at $95-$100 per share, significantly above its $33 IPO price, after raising $1.2 billion in one of the year's most anticipated US IPOs, valuing the company at over $20 billion. The high demand and oversubscription highlight strong investor interest in the company's design and collaboration software, which has expanded into AI and developer tools.
- Figma Poised to Open Trading at More Than Triple Its IPO Price Yahoo Finance
- Figma Is Largest VC-Backed American Tech Company IPO in Years The Wall Street Journal
- Figma IPO Brings Value Near $20 Billion From Failed Adobe Deal Bloomberg
- Figma’s IPO is a ‘bellwether event.’ Here’s why investors want in. MarketWatch
- Figma prices IPO at $33, above expected range CNBC
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