Figma’s AI Push With Weave Confronts Weak Share Price And Losses
- Figma (NYSE:FIG) has acquired AI start up Weavy, rebranding it as Figma Weave and integrating its AI tools into the core design platform.
- The company reports growth in large enterprise customers and recurring revenue alongside this AI push.
- These developments come as Figma trades at $21.39, with returns of a 24.8% decline over the past week and a 43.1% decline over the past month and year to date.
For investors watching NYSE:FIG, the AI move arrives after a sharp reset in the share price, with the stock down 24.8% over the past week and 43.1% over the past 30 days and year to date at a last close of $21.39. The company is highlighting growth in large enterprise customers and recurring revenue, which gives you concrete business…
