Figma secured a valuation of $19.34 billion, just shy of the $20 billion it was set to fetch in a scrapped acquisition by Adobe in 2023.

Figma, Inc.'s high P/S ratio post-IPO limits alpha potential. Explore efficient strategies for better returns in undervalued markets. Click for more on FIG stock.

Figma Inc. raised $1.2 billion with an initial public offering on Thursday, with shares trading for $33, which increased its market share to $19.3 billion.