Down 60% From Its Highs, Should You Buy the Dip in Figma Stock?
Looking at valuations, Figma’s forward price-to-earnings (P/E) ratio is an unusually high 183x compared to the sector average of around 23x. This means investors still expect strong growth, even though the stock price has pulled back. The latest earnings per share showed a small loss of 140 shortly after its debut, the shares have since dropped about 60%. This includes a sharp 31.8% ...