Figma: Inching Closer To A More Realistic Valuation (Upgrade)

Figma, Inc. is upgraded to Hold as its valuation correction brings the stock to more balanced risk/reward at $37. Learn more about FIG stock here.
Forbes

Adobe Terminates $20 Billion Deal For Figma—Both Firms Say There’s ‘No Clear Path’ For Regulator Approval

Adobe will terminate its $20 billion deal to acquire the software company Figma, after both companies indicated there is “no clear path” for approval from antitrust regulators in the European Union ...
Wall Street Journal

Adobe Scraps $20 Billion Acquisition of Figma

Adobe ADBE-0.64%decrease; red down pointing triangle has called off its planned $20 billion acquisition of the collaboration-software company Figma, weeks after a U.K. regulator warned that the deal ...
RealClearPolitics

Figma CEO's Familiar Path: College Dropout To Tech Billionaire

After Figma's first two days of trading on the NYSE, 33-year-old CEO Dylan Field owns a stake worth about $6.6 billion.