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 Adobe (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.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool