---
title: "Figma, Klaviyo fall following earnings as bulk of software sector sees red"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295129116.md"
description: "Figma and Klaviyo shares plunged 16% and 15% respectively after reporting Q2 earnings that beat market expectations. This decline occurred amidst a broader downturn in the enterprise software sector, with the iShares Expanded Tech-Software Sector ETF (IGV) falling 2%. The results highlight a disconnect between strong financial performance and negative stock market reactions for these software firms."
datetime: "2026-08-06T16:53:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295129116.md)
  - [en](https://longbridge.com/en/news/295129116.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295129116.md)
generator: "portal-rs"
---

# Figma, Klaviyo fall following earnings as bulk of software sector sees red

Figma (FIG) and Klaviyo (KVYO) had plunged by 16% and 15%, respectively, by noon trading on Thursday after both released second quarter financial results that surpassed market expectations. Most enterprise software firms were in the red, as evidenced by the iShares Expanded Tech-Software Sector ETF (IGV) declining 2%. Despite Figma's drop following...

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**