Figma Stock More Than Triples on Its First Day of Trading
1. Figma's stock price surged from $33 to over $100 on IPO debut. 2. Market cap reached nearly $50 billion post-IPO. 3. Adobe's acquisition offer of $20 billion fell through due to regulatory issues. 4. Figma reported a 46% rise in revenue year-over-year, totaling $228.2 million. 5. Major tech companies like Amazon and Google use Figma's creative tools.