July 31 (UPI) -- Collaborative design firm Figma Inc. raised $1.2 billion with an initial public offering on Thursday, with shares trading for $33, which increased its market share to $19.3 billion. The IPO is one of the most closely watched by Wall Street analysts, who say it is a predictor of how much value investors place on tech firms. The shares are traded on the New York Stock Exchange under the FIG symbol. The IPO followed a failed Adobe and Figma merger effort that ended when U.S.