Figma Shares Plunge 4.36% as Mixed Earnings and Growth Concerns Drag Trading Volume to 224th Rank

On September 8, 2025, , , ranking 224th in market activity. The stock’s sharp drop followed mixed earnings and growth concerns, though the firm’s core tools remain central to design workflows across industries.

Figma, Inc. offers a browser-based design platform with collaborative tools such as Figma Design, Dev Mode, FigJam, and AI-powered Figma Make. The company, headquartered in San Francisco since 2012, enables teams to create, prototype, and publish digital products. Its suite includes specialized tools for illustration, presentations, and social media asset creation, positioning it as a key player in the design-technology sector.

Recent volatility reflects investor reaction to earnings that highlighted decelerating growth. , third-quarter guidance of 33% raised concerns. . , amplifying sensitivity to AI disruption risks.

To set up this back-test accurately I need to pin down a few implementation details: 1. Universe • Do you want all U.S. listed common stocks (NYSE + NASDAQ + AMEX), or a different market/universe? 2. Volume definition • Rank by share turnover (shares traded) or by dollar turnover (shares × price)? 3. Trade-time convention • Enter at today’s close and exit at tomorrow’s close (typical for “hold 1 day”), or enter at next day’s open? 4. Position sizing • Equal-weight the 500 names each day, or weight by volume / market-cap / something else? 5. Transaction costs & slippage • Should I include a commission/slippage assumption (e.g., 2 bp each side), or ignore trading frictions?