Figma stock has slumped amid SaaSpocalypse concerns: is it a contrarian buy?
Figma stock has slipped sharply this year and is hovering at its lowest level on record. It traded at $21.54 on Monday, down 85% from its all-time high. The retreat has coincided with growing “SaaSpocalypse” fears, as investors worry that AI tools such as Claude and ChatGPT could disrupt its business. Still, evidence suggests that
