Figma Shares Slide After Google Labs Expands Stitch AI Design Tool
Figma (NYSE:FIGM) shares fell 8.8% on Wednesday following an announcement from Google Labs that enhanced Stitch, an AI-driven design platform. The update adds text-to-high-fidelity UI generation, an AI-native infinite canvas, project-aware design agents, interactive prototyping, DESIGN.md design-system extraction, voice-driven commands, and integra…