Workflow
JFrog: Exaggerated Stock Decline From 1% Guidance Adjustment
FROGJFrog(FROG) Seeking Alpha·2024-10-13 08:00

JFrog's (NASDAQ: FROG ) stock price declined from about $40 to less than $30 after announcing a 1% revision to its full-year growth outlook, while maintaining its long-term model for 2027 which implies continued growth in the low-20s. This means the investment Analyst's Disclosure: I/we have a beneficial long position in the shares of FROG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (othe ...