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Figma's stock sinks 27% after last week's IPO pop

Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange on July 31, 2025.Michael Nagle | Bloomberg | Getty ImagesFigma shares dropped 27% on Monday, cutting into the gains the design software company posted after hitting the market last week.The stock dropped $33.40 to $88.60 at the end of of Monday's trading session. That's down from a close of $122 on Friday.Figma and top stockholders sold about 37 million shares at $33 per share late Wednesday, yielding a...

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