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Figma investors cheer solid customer growth, ties to Anthropic and OpenAI—but concerns remain about letting the 'fox into the hen house'

Summary by Fortune
The design collaboration platform has shed 80% of its stock value since its 2025 IPO, trading at $23 a share amid a brutal sector-wide rout in SaaS stocks

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Figma investors cheer solid customer growth, ties to Anthropic and OpenAI—but concerns remain about letting the 'fox into the hen house'

The design collaboration platform has shed 80% of its stock value since its 2025 IPO, trading at $23 a share amid a brutal sector-wide rout in SaaS stocks

·New York, United States
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Fortune broke the news in New York, United States on Wednesday, February 18, 2026.
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