Oct. 23 at 6:21 AM
What Next for Figma With Post OpenAI Gains Now Gone?
https://drduru.com/onetwentytwo/2025/10/22/what-next-for-figma-with-post-openai-gains-now-gone/
CEO Sam Altman launched OpenAI’s DevDay 2025 with a series of demos showing off the generative AI platform’s latest capabilities. I was particularly intrigued by demonstrations of features developed in partnership with several companies including Figma (
$FIG), Spotify (
$SPOT), Hubspot (
$HUBS), Coursera (
$COUR), and Zillow Group (
$ZG) (links go to the relevant section of the recorded demo; the first three feature Altman). FIG stood out among this group as the only stock that enjoyed a notable post-demo gain; the stock gained 7.4% and rallied two more days to its latest price peak. That gain has now completely vanished. Only an all-time low is left to provide support for the stock. If FIG breaks that all-time low, a trip back to the IPO price of
$33 comes into play. #openai #technicalanalysis #valuation