(Reuters) -Figma raised the proposed price range for its U.S. initial public offering on Monday and is now aiming for a valuation of $18.8 billion, in the latest sign of strong investor appetite for high-growth technology stocks.
The design software firm, along with some of its investors, is looking to raise $1.18 billion by selling nearly 37 million shares priced between $30 and $32 each. That compares with its prior proposed price target of between $25 and $28 each.
