Figma: Ratings Upgrade After Being Sidelined Since IPO

Figma, Inc. ( FIG ) was once the hottest IPO in the market. However, excessive investor optimism combined with an overall bearish tone around software companies has pulled shares back well below the IPO level.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ...