Why JFrog Stock Flew Nearly 5% Higher on Friday

If a Bloomberg article proves to be accurate, the company might change hands before long. On the last trading day of the week, investors traded on rumor rather than hard news about software tools specialist JFrog (FROG 4.47%). After a media report stated that several potential acquirers are circling around the company, market players bid the shares up by just under 5% on the day. That performance trounced the 0.8% increase of the benchmark S&P 500 index. A report says potential suitors are sniffing around I ...