Figma's stock price surged 5.10% during intraday trading on Friday, reflecting strong investor interest.
The rally follows news that Cathie Wood's ARK Invest purchased $24 million worth of Figma shares, signaling confidence in the company's prospects. This substantial investment by a prominent fund manager has likely contributed to increased buying activity and the stock's upward movement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments