FIG is trading at 7.93% down now at $51.29 after investors responded to mounting concerns about slowing revenue growth and expensive valuation. Recent analysis highlights that Figma’s growth rate has decelerated from 46% in Q1 to a projected 30% in Q4, raising doubts about its ability to sustain rapid expansion. The company’s price-to-sales ratio remains elevated at 32, far above the tech sector average, while customer acquisition opportunities appear limited given its already high penetration among major enterprises. Analysts have become more cautious, with only 4 of 11 rating the stock a buy and some setting price targets as low as $49. These factors have contributed to today’s significant selloff.