Where Will Figma Stock Be in 1 Year?
Figma (NYSE: FIG), a provider of cloud-based user interface (UI) and user experience (UX) tools, went public on July 31 at $33 a share. Its stock started trading at $85 and skyrocketed to a record high of $142.92 just two days later, but it now trades at about $52.
Figma's initial public offering (IPO) originally attracted a lot of attention because it challenged (NASDAQ: ADBE) with cloud-native UI/UX tools that could be run directly within a browser. It also provided real-time collaboration features, which allowed multiple users to access the same project.
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Source Fool.com
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