The FROG is looking bullish (2)So, the FROG did made a move to
the upside and now is correcting a bit. (with the general market). A good entry is in the green box area. But be patient, if the general market is still going down the FROG will follow.
Jfrog
JFROGJfrog priced an initial public offering of 11.6 million shares at $44, according to sources close to the deal, above the recently increased price talk range of $39 to $41 a share. The original target range for the offering had been $33 to $37 a share. The stock opened at $71.27, up 62% from its offering price, and finished the day at $64.79, up 47%.
JFrog posted revenue for the six months ended June 30 of $69.3 million, up 50% from the prior period. For the full year ended Dec. 31, revenue was $104.7 million, up 65%.
