Company Overview - Figma, Inc. (NYSE:FIG) is a design software company that provides a browser-based platform for collaborative interface design, prototyping, and team workflows through various tools [2]. Stock Performance - Figma's stock experienced significant volatility post-IPO, initially soaring from an offer price of $33 to a high of approximately $142 within two days of trading [1]. - Following this peak, Figma's stock has declined over 60%, currently trading in the low $50s [1]. - Despite reporting strong numbers in its first quarter as a publicly traded company, the stock plummeted 20% the following day, attributed to its previous inflated valuation [1].