Jordan Novet / CNBC:

Figma's stock dropped 27.4% to $88.60 on Monday after last week's IPO pop; its fully diluted valuation now sits at ~$56B, still almost triple Adobe's 2022 offer  —  Figma shares dropped 27% on Monday, cutting into the gains the design software company posted after hitting the market last week.

Jordan Novet / CNBC:

Figma's stock dropped 27.4% to $88.60 on Monday after last week's IPO pop; its fully diluted valuation now sits at ~$56B, still almost triple Adobe's 2022 offer  —  Figma shares dropped 27% on Monday, cutting into the gains the design software company posted after hitting the market last week.

Source: TechMeme
Source Link: http://www.techmeme.com/250804/p32#a250804p32