LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of JFrog Ltd. (“JFrog” or the “Company”) (NASDAQ: FROG) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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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.
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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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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