Figma’s 6.24% Plunge and 170th-Ranked $690M Volume Signal SaaS Sector’s Macroeconomic Anxiety

Figma (FIG) closed August 13, 2025, with a 6.24% decline, marking its worst single-day performance in recent months. The stock's trading volume dropped 24.8% to $690 million, ranking 170th in market activity. The sell-off occurred amid mixed signals about enterprise software adoption and macroeconomic uncertainty, despite the company's strong user growth metrics reported in its latest quarterly update.

Analysts noted that the decline coincided with broader market volatility triggered by Fed officials' ambiguous comments on rate policy. While Figma's core design platform maintains 15 million monthly active users, investors appeared to prioritize short-term liquidity concerns over long-term growth potential. The stock's underperformance contrasted with peers in the SaaS sector, which saw more stable trading patterns despite similar macroeconomic headwinds.

Backtesting results revealed that a strategy of buying top 500 volume stocks and holding for one day generated a compound annual growth rate of 6.98% since 2022. However, the approach experienced a maximum drawdown of 15.46% during the testing period, with a particularly pronounced correction in mid-2023 underscoring the risks of volume-driven trading in volatile markets. The data highlights the importance of balancing liquidity-focused strategies with robust risk management frameworks during periods of heightened market anxiety.