Figma celebrates its preliminary public providing on the New York Inventory Alternate on July 31, 2025.
NYSE
Shares of design software program vendor Figma popped 6% on Friday, a day after the inventory more than tripled in its New York Stock Exchange debut.
Figma opened at $85 on Thursday beneath the ticker FIG, and shares closed at $115.50 for a 250% acquire. On Friday, the inventory traded above $120.
Figma is the bulletins tech firm to hit the general public markets after an prolonged IPO drought. Artificial intelligence infrastructure supplier CoreWeave debuted in March, adopted by the digital bodily remedy firm Hinge Health in Could.
The stablecoin issuer Circle, digital power care firm Omada Health and the net banking companies supplier Chime all went public in June.
In an replace to its prospectus final week, Figma mentioned it will value shares at $25 to $28 every. On Monday, it issued one other replace and mentioned it anticipated pricing between $30 and $32. The corporate in the end priced shares $1 above that vary.
Figma, based in 2012, virtually had a really totally different story.
Adobe tried to purchase the corporate for $20 billion in 2022, however after U.Ok. regulators mentioned the acquisition would doubtless hurt competitors, the deal fell aside the next yr.
The San Francisco-based firm ranked forty fifth on CNBC’s 2025 Disruptor 50 list of personal corporations.
–CNBC’s Jordan Novet contributed to this report
WATCH: Figma more than triples in NYSE debut after selling shares at $33
