Figma, Inc. is trading at $19.65 (-4.10%) in pre-market amid broader tech selling and caution ahead of the 8:30 AM ET CPI release.
- The move aligns with a risk-off tape as the Nasdaq is down 1.37% and futures are lower, driven by persistent higher-for-longer rate concerns.
- The stock has been trending lower over the past week, marking its second straight session of weakness without a visible company-specific catalyst.