Design software maker Figma's shares surge 158% in blowout market debut

FILE PHOTO: A Wall Street plate is seen on a street vendor stall outside the New York Stock Exchange (NYSE) in New York City, U.S., July 11, 2025. REUTERS/Jeenah Moon/File photo

(Reuters) -Figma shares surged nearly 158% in their market debut on Thursday, valuing the design software maker at about $50 billion and setting the stage for a flurry of high-growth tech listings.

The market for U.S. initial public offerings has bounced back from a tariff-driven volatility, which briefly paused listings in April, and is on track to end a nearly three-year dry spell.