Software Maker Figma Surges 250% in Debut After $1.2 Billion IPO

Jul 31, 2025 - 17:34
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Software Maker Figma Surges 250% in Debut After $1.2 Billion IPO
Figma Inc. shares jumped 250% in their public debut after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the $20 billion mark it would have reached in a now-scrapped merger with Adobe Inc.

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