Stock-Split Watch: Is Figma Next?
Figma (NYSE: FIG), a collaborative design platform, attracted massive interest when it went public on July 31. The share price more than quadrupled within a day after its initial public offering (IPO), but over the next few months, it gave up most of those gains.
Companies that experience large price movements sometimes find themselves in stock-split or reverse-stock-split territory. Given Figma's volatility so far, let's examine the likelihood of a stock split and assess how this tech company looks as an investment opportunity.
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Source Fool.com