By Chibuike Oguh NEW YORK (Reuters) -Shares of Figma slumped 23% on profit taking on Monday, as euphoria over the design software firm waned days after its blockbuster initial public offering. San Francisco,

As much as investors crave the dopamine rush of an exciting IPO, it may be best to wait for things to cool down for Figma stock. There's good reason to believe the current surge in the share price is only temporary, even if the business executes well.

Figma Inc. raised $1.2 billion with an initial public offering on Thursday, with shares trading for $33, which increased its market share to $19.3 billion.