On July 24, Figma rose 5.35% in regular trading, trading at approximately $21.07/share, with turnover of $55.72 million. The stock rebounded sharply from a 5.17% decline in the prior session.

On the news front, AI application software stocks collectively surged at market open, with sector leader SAP climbing 7%, ServiceNow rising over 5%, and Salesforce and Adobe gaining over 2%. The broad-based rally reflects renewed investor confidence in the AI software space following a selloff triggered earlier in the week by OpenAI's launch of its Presence enterprise AI agent platform, which had pressured traditional software names.

Supporting the sector's recovery, Citibank's recent software industry outlook report raised its AI industry total revenue forecast for the period through 2030 from $2.8 trillion to $3.3 trillion, noting that enterprise AI budgets are concentrating among platform-type companies with strong data infrastructure and AI enablement capabilities. Figma currently carries an average analyst rating of overweight with a mean price target of $33.13. The company's next earnings report is scheduled for August 5 after market close.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)