Figma stocks surge at the highly anticipated IPO, with market capitalization soon reaching 45B

Figma began trading on the New York Stock Exchange on Thursday after a long delay. It surged very quickly and trades were suspended for a short time due to market volatility.

The price is currently bounced between $101 and $112, with daytime market capitalization of $45 billion, Yahoo Finance reports.

The company and existing investors sold the shares at an IPO price of $33 per share. Pretty pop.

This stock is in great demand, and people of X are Posts interesting Their orders are filled by Robin Hood. Instead of getting dozens or hundreds of shares on demand, they say they are allotted one lonely share. (One person I bragged Acquire 17 shares. )

In any case, a successful IPO means that in 2023, competitor Adobe’s figma failed to acquire a $20 billion dollar deal by competitor Adobe.