Figma Inc. (FIG) shares fell 15.96% over the past four trading days, reaching a record low with an intraday decline of 5.11% on November 18, 2025. This marks the fourth consecutive day of losses, reflecting a broader shift in institutional investment strategies and heightened caution in the tech sector. The selloff follows the Baron Fifth Avenue Growth Fund reallocating capital to Figma while exiting other tech names, signaling a preference for predictable-growth assets. However, the recent price weakness suggests waning confidence in high-growth tech amid persistent macroeconomic risks and market volatility.