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Figma shares surge 250% in software group’s Wall Street debut
Figma rallied 250 per cent to $115.50 a share on Thursday as it started trading on the New York Stock Exchange following an IPO that raised more than $1.2bn. The share rally — which was so sharp that it triggered multiple pauses in trading — gave the group a fully diluted market value above $60bn.
Wall Street has plenty of appetite for risk even without Fed rate cuts .
The hype train has left the station, and Figma's share price is rocketing higher. Here is what might come next.
Helped by higher advertising and a growing user base on its social media platforms, Meta earned $18.34 billion in the quarter ...
Fifteen years ago, Dylan Field was a freshman computer science student at Brown University. On Thursday, the company he ...
Figma’s stock was clearly in hot demand. The company initially said last week it expected to sell its stock to investors for ...
Design software maker Figma's shares surged another 20% in morning trading on Friday, extending strong debut-day gains after ...
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