Reported 2 days ago
Figma's stock skyrocketed 253% following its IPO, reaching a market valuation of nearly $60 billion despite a challenging market. The design platform has experienced remarkable growth in revenue, but analysts express concerns about its long-term sustainability and ability to fend off fierce AI-driven competition. Investors are advised to weigh these factors before considering Figma stock, as other investments may present better opportunities.
Source: YAHOO