Figma started buying and selling on the New York Inventory Change on Thursday after a protracted delay. It soared so shortly that buying and selling was halted for a short while as a consequence of market volatility.

The value is presently bouncing between $101 and $112 with a mid-day market cap of $45 billion, Yahoo Finance experiences.

The corporate and current traders offered shares on the IPO value of $33 per share. Fairly the pop.

There was a lot demand for this inventory that folks on X are posting funny footage of their orders being fulfilled by Robinhood. As a substitute of getting dozens or lots of of shares as requested, they’re being allotted one solitary share, they are saying. (One particular person bragged about getting 17 shares.)

In any case, the profitable IPO means Figma’s failed $20 billion acquisition by competitor Adobe in 2023 is now only a shoulder-shrug footnote within the firm’s historical past.