📝 usncan Note: Figma Stock Price Up Over 200% After IPO
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Topline
The price for design software developer Figma surged over $109 per share on Thursday after raising over $1.2 billion in an IPO, well over three times the $30-$32 range the company estimated in SEC filings earlier this week—making its 33-year-old CEO Dylan Field a billionaire.
The windfall from the IPO has minted a new billionaire.
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