BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of JFrog Ltd. (“JFrog” or the “Company”) (NASDAQ: FROG) investors concerning the Company’s possible violations of federal securities laws.
On August 7, 2024, JFrog released its second quarter 2024 financial results and lowered its FY 2024 guidance, stating that it “expect[s] cloud revenue growth to slow relative to prior expectations.”
On this news, JFrog’s stock price fell $9.37, or 27.5%, to close at $34.05 per share on August 7, 2024, thereby injuring investors.
If you purchased JFrog securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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