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Rising competition from artificial intelligence continues to weigh on Figma's shares.
Amova Asset Management Americas Inc. increased its stake in Figma, Inc. (NYSE: FIG) by 641.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,467,887 shares of the company's stock after acquiring an additional 1,269,900 shares during the quarter. Amova Asset Management Americas
Figma (NYSE:FIG) has whipsawed from post-listing euphoria into a brutal reset.
SAN FRANCISCO--(BUSINESS WIRE)--Figma, Inc. (NYSE: FIG), a leading design and product development platform, today announced that it will release its second quarter 2026 financial results after the U.S. financial markets close on Wednesday, August 5, 2026. Figma will host a conference call to discuss its results and guidance at 2 p.m. PT / 5 p.m. ET the same day.Access to the live webcast of the call and related earnings materials will be available through the Investor Relations page on Figma's w.
Figma stock has staged a modest comeback in the past few days, moving from a record low of $16.80 to the current $23.65. This rebound may continue in the coming weeks after the stock formed a double-bottom pattern and as its earnings report looms.
Short‑interest screens are lighting up with a tight cluster of mid‑ and large‑cap names where bearish bets have gone all‑in, turning these stocks into live‑wire squeeze candidates rather than sleepy laggards.
About 42% of Figma's float was sold short heading into Monday's trading, setting the stage for a potential short squeeze. This morning, Citizens Financial Group disclosed a new position of over 162,000 shares in Figma.
Figma's stock fell 52% in the first half of 2026 despite posting blowout results. Fear of AI-native competition from tools like Anthropic's Claude Design weighed heavily on the stock.
SEC filings for FIG aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.