Tech Darling Figma Soars 198% Following IPO; Holds $70M in Bitcoin ETF

Shares of Figma (FIG) rose 198% on its first day of trading on the New York Stock Exchange after the company raised $1.2 billion for its Wednesday initial public offering (IPO).

The firm priced shares at $33 a share under the ticker “FIG,” valuing the company at about $20 billion. The stock…

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