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Is Figma Stock a Buy?

TheMotleyFool

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It may surprise investors to know that Figma (NYSE: FIG) stock is up 13% since its July 31 initial public offering (IPO). However, you would have had to have been an insider to benefit from that. If you had waited a day to buy, you would be down two-thirds on your investment.

The upside to non-shareholders is that anyone can now buy Figma stock for just above its IPO price. The question for investors is whether that signifies a buy signal or if they should continue to stay on the sidelines.

Image source: Getty Images.

Source Fool.com

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