Figma stock down 75% from IPO as designers cancel Pro amid Canva layoff news

Tegadesigns · x · 2026-11-04

Figma (FIG) has fallen to $21.03, down 75.26% all-time from its IPO, per a TradingView chart shared in the post. The author says many designers and developers are cancelling Figma Pro subscriptions.

A screenshot also shows a designer selling 30% of her Figma stock overnight over lost confidence, coupled with news of Canva layoffs — prompting the comment that designer friends are "going through 5 stages of grief all at once" as AI tools roil the design world.

Original post →

More from AGI Musings

AGI Musings channel →