We recently published 10 Big Names With Explosive Growth. Figma Inc. (NYSE:FIG) is one of the best performers on Wednesday. Figma extended its winning streak to a 5th consecutive day on Wednesday, jumping 16.83 percent to close at $71.08 apiece as investor sentiment continued to be buoyed by its integration into ChatGPT. Earlier this week, Figma Inc. (NYSE:FIG) earned a promotion from none other than OpenAI CEO Sam Altman, saying that its platform is now integrated into ChatGPT, allowing it to take over ...

Core Insights - Figma Inc. shares experienced a significant increase, rising 2.02% in after-hours trading to $58.11, following a 7.39% intraday rally due to OpenAI CEO Sam Altman's demonstration of Figma's ChatGPT integration [1][5]. ChatGPT Integration - The integration allows ChatGPT's 800 million monthly users to connect with Figma via OpenAI's Apps SDK, enabling users to convert sketches into workable diagrams [2]. - Figma's app can generate various diagrams, including flow charts and Gantt charts, directly from ChatGPT conversations, and users can upload files to assist in the output [3]. Developer Access and Future Plans - OpenAI plans to start accepting app submissions for Apps SDK review in 2025 and aims to provide multiple revenue-generation opportunities through third-party integrations [4]. Stock Performance - The 7.39% increase marked Figma's largest single-day gain since its NYSE debut in July, with shares gaining 8.56% over the past month and trading within a range of $18.41 to $142.92 [5]. - Figma has a market capitalization of $27.90 billion and an average daily trading volume of 9.25 million shares [5].