Figma Prices IPO at $33, Above Expected Range
Summary by NBC Chicago
8 Articles
8 Articles
Figma’s $1.2 Billion IPO Approaching 40 Times Oversubscribed
Figma Inc.’s US initial public offering is approaching 40 times oversubscribed, according to people familiar with the matter, as the design and collaboration software company heads for what could be the year’s most in-demand listing.
·United States
Read Full ArticleFigma’s IPO date is close. The stock could trade even higher after the design startup’s latest move
Collaborative design software company Figma has increased the price target for its highly anticipated initial public offering (IPO). Shares are now expected to be priced between $30 and $32 each, up from the previously disclosed price target range of $25 and $28 each. The cloud-based interface design tool is aiming for a valuation of around $18.8 billion, dramatically higher than last week’s projection but still below the $20 billion that Adobe…
Coverage Details
Total News Sources8
Leaning Left3Leaning Right1Center2Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 33%
R 17%
Factuality
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