The newly public software company is growing fast, but the valuation is ahead of the fundamentals.Software company Figma (FIG -4.24%), which specializes in design tools for websites, apps, and a growing number of other things, went public on July 31 with a bang. The stock rocketed from its IPO price of $33 per share to as high as $124 per share on its first trading day, an incredible surge.The stock has taken a beating since then as investor enthusiasm cooled off a bit. Within days, Figma stock fell sharply ...