Reported 1 day ago
Figma's shares rose 6.7% on a day when the Nasdaq dropped, following its inclusion in OpenAI's software development kit. The partnership allows users to upload designs to ChatGPT and utilize Figma's features, showcasing its potential for growth despite a high price-to-sales ratio. While the company is exciting, analysts suggest it may not be the best stock to buy at current levels.
Source: YAHOO