Figma (Fig) begins trading on the New York Stock Exchange after the public subscription

FigmaHis shares doubled more than three times in the first three times on the New York Stock Exchange on Thursday, a day after the sale of the stock programs company at $ 33 in its first year launch.

The large opening pop is an indication that the TECH public subscription market has been reopened after a multi -year calm began in early 2022, when inflation was rising and high interest rates. To date this year, a bank on the Internet HarmoniousStablecoin source circle And provider of artificial intelligence infrastructure Coruv It struck the market, along with health technology companies The health detailed and Omada health.

The first Figma trade is estimated at $ 85 for the company at about $ 50 billion. The arrow, which is traded under the Ticker Symber icon, was stopped, after its height to $ 112, before closing it at $ 115.50 for a profit of 250 %. Today, the company ended with a maximum of 68 billion dollars.

In 2022, Adobe He agreed to obtain Figma for $ 20 billion, however The deal collapsed In 2023, after the UK organizers said that the association is likely to harm the competition. Under the 33 -year -old CEO of Dylan Field, Figma manufactures web software that allows people to cooperate on the floors of slices, digital white panels and designs for applications and websites.

Field told CNBC on Thursday that regardless of what is happening with the market for the first time, the company must “focus on focusing, staying in the task, listening to our customers, and enjoying our priorities in mind.”

“The most important thing I remember myself is the price of the arrow is a moment in time.” “We will see all kinds of behavior today, over the coming weeks.”

Figma includes more than 13 million users per month, two thirds of whom are not designers. As of March 31, more than 1,000 customers were paying Figma to $ 100,000 annually, according to bulletin. Google, Microsoft, Netflix and Uber are all customers.

In his presentation Initial results For the second quarter, Figma said it had achieved $ 9 million to $ 12 million of operating income at $ 247 million to $ 250 million of revenue, with sales increased about 40 % on an annual basis.

Last week, Figma said in his file that it would lead to prices to $ 25 to 28 dollars each. On Monday, she issued another update, and called for a scope between $ 30 and $ 32Before pricing $ 1 dollars above this range.

The offer raised $ 1.2 billion, as most revenues will go to current shareholders, including Greylock Partners, Index Ventures, Kleiner Perkins and Sequoia Capital.

Founded in 2012 based in San Francisco, Figma ranked 45th in CNBC’s 2025 Disruptor 50 Lists From private companies.

Lin Martin, President NYSE, He said “Squawk on the Street” from CNBC on Thursday, there should be a lot of deals on the road.

Martin said: “I think Figma was good with its prices last night, and there is a lot of demand that continued the request book this morning for this company, I think this will open the gates,” Martin said.