Figma Stock Soars 3x, Now Comes The Hard Part
1. Figma's IPO saw a 3x increase, closing at $115.50. 2. Revenue grew 46% year-over-year, indicating strong business performance. 3. High customer engagement shown by 132% Net Dollar Retention. 4. Figma's valuation is high at over 50x estimated revenue for 2025. 5. Intense competition from Microsoft, Canva, and AI tools poses challenges.