US Stock Market Move | Figma (FIG.US) continues to rise by over 8%, skyrocketing 250% on its first day of trading.

date
01/08/2025
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GMT Eight
After skyrocketing by 250% on its first day of trading, on Friday, design software giant Figma (FIG.US) continued to rise by over 8%, with a market value exceeding $60 billion.
After skyrocketing by 250% on its first day of trading, design software giant Figma (FIG.US) continued to rise by over 8% on Friday, pushing its market value above 60 billion US dollars. It is reported that Figma primarily develops web-based collaboration software that allows users to collaborate on editing presentations, digital whiteboards, as well as the design of websites and applications. Field stated in an interview with the media on Thursday that regardless of the market performance on the first day of trading, the company must "stay focused, stay true to our mission, listen to customer feedback, and always remember our priorities". In its preliminary financial report for the second quarter, Figma reported revenue of 2.47 billion to 2.5 billion US dollars, a year-on-year increase of about 40%; operating profit was between 9 million and 12 million US dollars.