On July 31, Figma made its public market debut on the New York Stock Exchange. Shares opened at an incredible $85, quickly surged past $112, and ultimately closed at $115.50, marking a 250% gain on its first day as a public company and pushing the company’s market capitalization to nearly $68 billion.

Figma Inc. shares are expected to debut in the $105–$110 range, following the company’s successful $1.2 billion fundraising effort in one of the most closely watched US IPOs this year. That indication represents a possible uptick of as much as 233% above the $33-per-share offering price.