Figma's highly anticipated IPO debuted on the NYSE Thursday, experiencing immediate volatility and a significant price surge. Shares, initially priced at $33, traded between $101 and $112, resulting in a mid-day market cap of $45 billion. High demand led to fractional share allocations for many investors. The successful IPO overshadows Figma's failed acquisition by Adobe last year.

Prepared by Christopher Adams and reviewed by editorial team.