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Figma’s shares surged nearly 158% in their market debut on Thursday valuing the design software maker at about $50 billion, setting the stage for a flurry of high-growth tech listings and strengthening a rebound in the IPO market.
The US initial public offerings market has bounced back after tariff-driven volatility briefly paused listings in April, putting 2025 on track to end a nearly three-year dry spell.
Figma’s valuation at debut far exceeds the $20 billion price tag from a now-abandoned buyout deal with industry giant Adobe in December…
