Cathie Wood and Ark Invest jumped into the Figma (NYSE:FIG) IPO frenzy on Thursday, snapping up 60,000 shares of the San Francisco-based software firm. The entire purchase was allocated to the ARK ...

This high-growth cloud stock just dipped below its IPO price.

Investors are clamoring to get involved in Figma's stock, as it was recently indicated to open on the NYSE at $95 to $100, according to FactSet data. That would be 188% to 203% above the $33 IPO price ...

It's been 13 years since Figma's founding, and three years since it was almost acquired by rival Adobe. Figma's stock exploded in the company's public debut Thursday, closing 250% above its IPO price.

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Figma stock tumbled by double digits in its first report as a publicly traded company. The company beat estimates, but its guidance was disappointing. It launched a number of new products in Q2, which ...