Figma Rises, Cerebras Roars After Year's Biggest IPO, Cisco Jumps Most Since 2011
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Figma (FIG) gave an outlook for revenue in the current period that topped analysts’ estimates, touting early traction from charging users directly for AI features. The shares jumped about 10% in extended trading after closing at $20.24 in New York. The stock has declined steadily since the Figma’s blockbuster public offering and is now 39% below the $33-a-share IPO price.- Cerebras (CRBS) shares jumped 68% in its trading debut after raising $5.5 billion in the year’s largest IPO…
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