Oppenheimer initiates Figma (FIG) with Perform: strong product and growth, but AI disruption and competition risks loom.

Graphic design software maker Figma Inc. hopes to achieve a valuation as high as $16.4 billion in its upcoming initial public offering. The company disclosed the listing’s proposed financial terms ...

Optimism about the company has so far not translated into investor gains.

Figma shares dropped 8% on Wednesday. ・The updated Stitch packs several functionalities generally found in high-end design ...