Figma debuts on Wall Street at $33 per share – then more than triples

Investors cash in as design firm goes public after takeover dreams dashed
updated Adobe competitor and one-time acquisition target Figma debuted on public markets on Thursday with 36,937,080 shares of Class A common stock at $33 apiece, valuing the web design tool developer at $19.3 billion. But the price-setters apparently underestimated demand dramatically, as investors sent the price up more than threefold by the end of the trading day.…