Figma is trading 10.99% up at $26.36 after cooler-than-expected July producer prices reduced near-term rate fears and supported growth stocks.
- The S&P 500 and Nasdaq Composite are both advancing more than 0.5%.
- Software stocks are rallying amid Silver Lake’s reported talks to acquire Workday and renewed confidence in AI-driven enterprise software demand.
- No new Figma-specific announcement was identified.