Design software maker Figma extends gains after blockbuster NYSE trading debut


FILE PHOTO: A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 27, 2025. REUTERS/Jeenah Moon/File Photo

(Reuters) -Design software maker Figma's shares rose another 10% in premarket trading on Friday, extending strong debut-day gains after a blowout U.S. initial public offering that has reignited the tech listing market.

The San Francisco, California-based company's shares closed at $115.5 on Thursday, compared with its IPO price of $33. The 250% surge lifted Figma's market value to nearly $68 billion, far exceeding the $20-billion valuation in a now-scrapped buyout deal with Photoshop maker Adobe.

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