Figma Just Spent $200 Million on an AI Start-Up. Here's Why It Could Be What Investors Have Been Waiting For.

Figma (NYSE: FIG) was one of the hottest IPOs of the year on July 31, surging out of the gate from a listing price of $33 to an intraday peak above $142 the following day.However, since then, Figma, which makes cloud software for user interface and user experience (UI/UX) design, has struggled, falling on concerns about valuation, on forecasts for declining profits as it invests in artificial intelligence (AI) products, and as larger rival Adobe has made progress with its own AI products.The stock is now trading at a post-IPO low under $50, but it recently gave investors one reason to keep faith in the stock: It just acquired an AI start-up. Here's what you need to know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool