Cathie Wood's Ark Invest Acquires $5.9 Million Worth of Figma Shares Amidst 20% Stock Plunge
ByAinvest
Thursday, Sep 4, 2025 9:20 pm ET1min read
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Cathie Wood's Ark Invest acquired 108,238 shares of Figma Inc. FIG worth $5.9 million through its ARK Next Generation Internet ETF ARKW. This purchase occurred as Figma's stock plummeted nearly 20% due to disappointing earnings results. Despite the earnings miss, Figma's revenue showed a 41% year-over-year increase. Ark Invest also made trades in Roku Inc., Intellia Therapeutics Inc., and Genius Sports Ltd.
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