Figma Inc. (FIG) shares declined 2.44% to close at $22.02 on February 12, as the software sector faced renewed pressure ahead of the company's upcoming earnings report.

  • The stock remains volatile following an 8.90% surge on February 10, which was triggered by a JPMorgan call for a sector-wide rebound.
  • Investors are awaiting Figma’s quarterly results on February 18, 2026, amid a market debate over AI disruption fears versus the sustainability of AI infrastructure spending.
  • The current sentiment reflects a tug-of-war between JPMorgan's optimism regarding overblown AI concerns and broader industry caution.