Should You Buy Figma Stock After Its 59% Drop Since August?

On July 31, shares of internet design company Figma (NYSE: FIG) began trading at $85 and finished their first day at over $115. The following day, Figma stock closed at $122 per share, but it's been all downhill since then.The stock dropped 39.2% in August even though the S&P 500 was up 1.9% for the month. And things haven't improved in September. Whereas the S&P 500 is enjoying an unusually strong month with a 3.6% gain as of Sept. 22, Figma stock has plunged another 16.4%.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool