Figma shares are drowned after an increase in last week after the default

Figma The shares decreased by 23 % on Monday, when the gains in the published design programs company were cut after beating the market last week.

The stock fell 27.50 dollars to $ 94.50 from midday. This fell from the end of $ 122 on Friday.

Figma and senior shareholders sold about 37 million shares in $ 33 per share Late on Wednesday, the revenues of about $ 412 million flowed to the company. Thursday, the first day of trading on the New York Stock Exchange, stocks More than three times.

The initial reception shows a renewed appetite in Wall Street for high -growth technology companies after a historically slow extension of primary public offers.

Figma said in the updated public subscription bulletin that he expected the second -quarter revenues by 40 % over the previous year. But unlike many technology companies that have been deployed over the past few years, Figma has been regularly deployed.

The fully diluted evaluation in Figma sits about $ 56 billion, approximately three times the amount that Adobe agreed to pay at the acquisition offer for 2022. The European Union organizers and the United Kingdom opposed the deal, which the two companies opposed Call In late 2023.

Dylan Field, CEO of Figma, 33, Own stocks In the company, at a value of more than $ 5 billion, even after the Monday segment.