Figma shares plunging into the deep darkness after its first earnings report since its IPO. While the company's revenue beat expectations and it's now profitable, the numbers weren't enough to satisfy the sky-high valuations from the tech-fueled IPO hype. This is a good reminder that a great company can still be a bad investment if the price is too high.
https://www.cnbc.com/2025/09/03/figma-fig-q...