Figma is trading 11.43% down at $19.60 after investors reacted to its November 4 report, focusing on AI costs and decelerating Q4 growth. - Revenue and earnings beat estimates; management raised its full-year outlook, despite concerns about falling gross margin. - CNBC reported a 7% after-hours drop; Morningstar’s MarketWatch report cited AI costs. - The price is down from the November 4 close of $22.13. Broader AI and semiconductor weakness may add pressure, but earnings are the clearest company-specific explanation.