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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Jim Cramer Calls Figma 'Too Expensive' At 50x Sales — Stock Surges 250% On Market Debut

Jim Cramer Figma FIG Figma Inc IPO Nasdaq
Figma

Design platform Figma Inc. (NYSE:FIG) defied Jim Cramer’s warnings about its valuation, surging 250% to $115.50 on its market debut on Thursday after pricing its IPO at $33 per share on Wednesday evening.

Cramer Warns of Overvaluation

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