🔴 Figma is trading 4.31% down in pre-market as software stocks fall after weak results

Figma is trading at $22.21 (-4.31%) in pre-market amid broad software-sector weakness following disappointing Fortinet and ServiceNow results.

• No clear company-specific announcement explains Figma’s October 29 move; its third-quarter results are scheduled for November 4.
• Investor concerns about AI disruption accompanied the decline. Reuters reported other software shares also fell in pre-market trading, while the software sector was down 3.67% pre-market.