Dylan Field, co-founder and CEO of Figma, center, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma Inc. shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the$20 billion mark it would have reached in a now-scrapped merger with Adobe Inc.Figma shares plunged 13% in extended trading on Wednesday after the design software company reported results for the ...