Where Will Figma Be in 5 Years?
The initial optimism around Figma (NYSE: FIG) stock has given way to disappointment. In late July, it launched what initially looked like a successful IPO. However, optimism gave way to disappointment as the stock steadily slid after an initial bump. Today, the stock is down more than 25% from its IPO price of $33 per share.
Fortunately, a lot can change in five years. Thus, long-term investors can probably shrug off its recent performance, given the high probability of earning long-term gains over the next five years. Here's why.
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Source Fool.com
