Figma Shares Drop After AI Strategy

Figma shares fell 7% in extended trading after the company reported third-quarter earnings that beat Wall Street predictions. Revenue reached $391.4 million, growing 43% year over year, while the net loss narrowed to $81.3 million. Executives lifted the full-year revenue forecast to $1.497 billion to $1.499 billion, prioritizing long-term growth with AI changes despite the stock decline.