Shares of software maker Figma dropped 23% on profit booking, eroding $11 billion (nearly ₹97,000 crore) in investor wealth in just three trading sessions. This comes after the firm launched its IPO on July 31, with its shares gaining 250% in one day, giving the company a market value of $56.3 billion. Figma's m-cap has now dipped to $45.2 billion.