Figma (FIG) Drops on Profit-Taking, Portfolio Rebalancing Ahead of Q2
Figma Inc. fell to a new low on Tuesday, as investors appeared to have locked in on gains following its rapid surge while repositioning portfolios ahead of its second quarter earnings performance.
Following its market debut two weeks ago, shares of Figma, Inc. (NYSE:FIG) already dropped by as much as 52 percent to $68.61 from its highest price of $142.92 last August 1.
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The company said it is scheduled to release the results of its financial and operating highlights on September 3, 2025, where investors will be closely watching out for its business outlook for the third quarter and the full-year period.
Separately, Figma, Inc. (NYSE:FIG) announced earlier this month the resolution of an intellectual property dispute it filed against Motiff in September last year after the latter and its affiliates allegedly breached its contract alongside a copyright infringement.
Under the settlement agreement, Motiff will cease selling its current Motiff Editor Tool and will not sell any future products derived from it globally, with the exception of mainland China.
In China, Motiff may continue to sell its current Motiff Editor Tool for one year, while it reengineers and redesigns the product.
Motiff has also agreed to reimburse Figma, Inc.'s (NYSE:FIG) legal expenses.
While we acknowledge the potential of FIG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
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