Figma opens at $85 on the NYSE, after selling shares at $33 in its IPO, hitting a ~$50B valuation, more than a year after Adobe's $20B failed acquisition (Jordan Novet/CNBC)

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Jordan Novet / CNBC:
Figma opens at $85 on the NYSE, after selling shares at $33 in its IPO, hitting a ~$50B valuation, more than a year after Adobe's $20B failed acquisition  —  Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.

from Techmeme https://ift.tt/1nOuvdJ