Pomerantz LLP is investigating claims on behalf of investors of JFrog Ltd. ("JFrog" or the "Company") (NASDAQ: FROG). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether JFrog and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On August 7, 2024, JFrog released its second quarter 2024 financial results and lowered its fiscal year 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 per share, or 27.5%, to close at $34.05 per share on August 7, 2024.
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