On May 28, Figma rose 5.58% in regular trading, trading at approximately $22.58/share, with trading volume of approximately $64.12 million.
The rally was driven by multiple catalysts. Anthropic recently launched a new product called Claude Design, which heightened market attention toward the AI design sector. Fendel Capital Management issued a public statement urging Figma's board to reassess its partnership with Anthropic, underscoring investor focus on evolving competitive dynamics and strategic collaboration risks.
Additionally, the stock continues to benefit from residual momentum following its Q1 earnings report, which showed revenue growth of 46% year-over-year and adjusted EPS significantly exceeding analyst estimates. The company simultaneously raised its full-year revenue guidance. Furthermore, Figma's AI assistant Agent feature has entered a testing phase and is planned to open to all paid users in the coming weeks, reinforcing expectations around AI commercialization and contributing to the sustained rebound.
(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.)