IPOs have been hot this year, with most of the big ones generating strong returns in just a few months. Figma makes building design and user interface projects much more collaborative, and it plans to ...

Figma delivered strong growth in its second-quarter report, but guidance seemed to disappoint. The company expects margins to compress as it invests in AI. Its price-to-sales ratio remains high at 30.

Just weeks ago, Figma (NYSE: FIG) had one of the biggest IPO pops in years, jumping from its listing price of $33 to a closing price on July 31 of $115, before topping out at $142.92 the following day ...