Figma sent out its IPO prospectus a month ago and has since revised the proposed price upward. On July 21, it put the price in the range of $25 to $28 per share. By July 28, it was between $30 and $32 per share, and on July 31, it had risen to $33 per share.

Shares of software company Figma soared in their stock-market debut Thursday, rising more than 200% in one of the splashiest initial public offerings in years.The stock opened at $85 a share, more than twice its IPO price and the best first-day showing in recent memory for a major offering.

Design startup Figma listed its shares on the New York Stock Exchange in a year when IPOs from buzzy tech firms have come roaring back.