Figure Technology Solutions and Figma see stock price fluctuations

Figure Technology Solutions (NASDAQ: FIGR) saw its share price decline by 8.6% on Wednesday, trading as low as $38.55. Despite the price drop, several analysts have recently adjusted their outlooks, with Sanford C. Bernstein increasing its price target to $70.00 and Zacks Research upgrading the stock to a ‘strong-buy’ rating.

Figma, Inc. (NYSE: FIG) experienced a gap down in its share price prior to market opening on Wednesday, following reports of insider selling. The company's chief accounting officer sold 1,840 shares at an average price of $27.14 under a pre-arranged Rule 10b5-1 trading plan. Figma currently holds a consensus rating of ‘Hold’ with an average price target of $32.56.