Software maker Figma, a one-time acquisition target of Adobe SystemsADBE, is expected launch its initial public offering on Thursday. The software maker priced the Figma IPO at 33, above the expected ...
Figma is upgraded to "Neutral" as its valuation correction brings the stock to a more balanced risk/reward at ~$37. FIG's market share gains and 40% revenue growth outpace legacy competitors, with a ...