Over the past ten months, Figma’s journey on Wall Street illustrates the volatility tech stocks can face. After its IPO on July 31, 2025, priced at $33 per share, Figma’s stock surged past $140 on its first day of trading. However, throughout 2026, the stock has steadily declined, impacted in part by competition from Google’s free Stitch design tool and Anthropic’s Claude AI, casting uncertainty on the market’s confidence despite Figma’s strong performance in AI.
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