The Latest Breaking News from Figma Inc

On Tuesday, Cathie Wood-led Ark Invest executed significant trades, including buying shares of Advanced Micro Devices Inc. (NASDAQ:AMD) and Bullish Inc. (NYSE:BLSH), while selling shares of Tempus AI Inc. (NASDAQ:TEM). Additionally, Ark purchased Figma Inc. (NYSE:FIG) stock, reflecting strategic adjustments in its investment portfolio.

On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Tempus AI Inc. (Pre-Reincorporation)(NASDAQ:TEM), Bullish (NYSE:BLSH), Amazon.com Inc. (NASDAQ:AMZN), and Figma Inc. (NYSE:FIG).

U.S. markets ended mixed on Wednesday as the Dow Jones Industrial Average edged down 0.05% to 45,271.23, while the SP 500 gained 0.5% to 6,448.26 and the Nasdaq advanced 1% to 21,497.27.These are the top stocks that gained the attention of retail traders and investors through the day: Salesforce Inc. (NYSE:CRM)…

Design software company Figma Inc (NYSE:FIG) raised $1.22 billion in an initial public offering in July.

On Thursday, July 31, design-tech company Figma Inc. (NYSE:FIG) launched its initial public offering (IPO).

Index Ventures has emerged as venture capital’s winner, transforming an $86.5 million investment in Figma Inc. (NYSE:FIG) into a stake worth nearly $6 billion following the design platform’s explosive market debut.

Dylan Field, co-founder of Figma Inc. (NYSE:FIG), witnessed his company's remarkable debut on the New York Stock Exchange on Thursday, marking the largest U.S. venture-capital-backed tech IPO in four years.

Design platform Figma Inc. (NYSE:FIG) defied Jim Cramer’s warnings about its valuation, surging 250% to $115.50 on its market debut on Thursday after pricing its IPO at $33 per share on Wednesday evening.

Nikita Bier, Head of Product at Elon Musk‘s social media platform X, said on Thursday that Figma Inc. “is going to be a meme stock beyond all comprehension.” The prediction comes as the design platform prepares to begin trading on the New York Stock Exchange today.