The price for design software developer Figma surged more than 250% on Thursday to close at over $117 per share after raising over $1.2 billion in an IPO, well over three times the $30-$32 range the ...

The honeymoon period appears to be over for Figma as the cloud-based design platform watched its stock price tumble more than 15% in premarket trading Thursday morning. Despite delivering a modest ...

I'm initiating Figma at a "Sell" rating due to its still-rich valuation despite a significant post-IPO decline. FIG boasts strong fundamentals: 41% revenue growth, 129% net dollar retention, and 90% ...