Design software start-up Figma, which is planning to raise more than $1.2 billion from a stock sale that could value the company at $19.3 billion.Figma, which was forced to scuttle plans to sell itself to Adobe in late 2023 due to regulatory concerns,

For those venture-backed companies that have made their public-market debuts this year, the reception has been exceptionally positive overall, with the nine largest offerings all up from where they priced their IPOs.