Figma became the hottest US stock last week after clinching an IPO debut gain of ~250 percent. Today, however, the high-flying stock's fortunes seem to have reversed in favor of Palantir, which is all set to announce its latest quarterly earnings after the close of today's regular trading session. For the benefit of those who might not be aware, Figma is a San Francisco-based software UI design company that confidentially filed for an initial public offering (IPO) in April 2025, following the collapse of a $20 billion acquisition deal with Adobe in December 2023 due to regulatory challenges. In its […]
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