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Why Figma Stock Popped Today

TheMotleyFool

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Why Figma Stock Popped TodayPhoto, wide shot, wide-angle lens, Software company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/70b5df15-67cc-4a1b-af41-3596614daf77.png

Shares of Figma (NYSE: FIG) were moving higher today, in line with a broader recovery in software stocks and as Cathie Wood's ARK made a large purchase of the stock yesterday.

As a result, Figma stock was up 9.2% as of 12:53 p.m. ET.

Image source: Getty Images.

Source Fool.com

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