Figma, the AI-powered software company, saw its stock price soar after its IPO, opening at $85 and reaching $142.92. However, to turn $10,000 into $1 million with Figma stock may be a challenge due to its high valuation and market cap requirements. The company offers a range of collaborative design products and has a total addressable market of $33 billion, with significant growth potential as the app market expands. While Figma is a hot IPO stock, other options may be better for investors looking to become millionaires.
Read more at Nasdaq: Could Buying $10,000 Worth of Figma Stock Make You a Millionaire?