(Reuters) -Figma shares surged nearly 158% in their market debut on Thursday, valuing the design software maker at about $50 billion and setting the stage for a flurry of high-growth tech listings.

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Figma ( FIG) stock looked set to surge again on Friday, rising as much as 19% in premarket trading after shares rocketed higher with a gain of 250% in Thursday's public market debut.

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Figma shares traded higher on Friday, continuing to draw investor attention after a volatile debut session on Thursday that saw the stock surge over 250% following its initial public offering.