Figma celebrates its first public offering on July 31, 2025 at the New York Stock Exchange.
NYSE
Design Software Vendor Stock Figma More than 5% came out on Friday the day after more than three times the stocks in its debut on the New York Stock Exchange.
Figma opened at $85 under the ticker on Thursday, with the stock closing at $115.50 with a 250% profit. On Friday, the shares traded over $120.
Figma is the latest tech company to hit the open market after the IPO drought was extended. Artificial Intelligence Infrastructure Provider CoreWeave debuted in March, followed by a digital physiotherapy company Hinge Health In May.
Stablecoin Publisher RoundVirtual Chronic Care Company Omada Health and online banking service providers chime Everything was released in June.
In an update to the prospectus last week, Figma said it would price stocks between $25 and $28 each. He issued another update on Monday, saying it expects pricing between $30 and $32. The company is ultimately outpacing that range by $1.
Founded in 2012, Figma had almost a different story.
Adobe tried to buy the company for $20 billion in 2022, but the deal collapsed the following year after UK regulators said the acquisition was likely to harm competition.
The San Francisco-based company ranked 45th on CNBC’s 2025 Disruptor 50 private companies list.
-CNBC’s Jordan Novel contributed to this report
View: More than triple figma of NYSE debut after selling stocks for $33
