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via finance.yahoo.comBusiness & Companies

JFrog (FROG) soars 35% after third-quarter results and stronger cybersecurity demand

FROM THE WIRE · FINANCE.YAHOO.COM

JFrog Ltd. (NASDAQ:FROG) is one of the 10 Stocks With Effortless 18-42% Gains. JFrog Ltd. (NASDAQ:FROG) saw its share price rise by 35.33 percent on Friday to end at $100.98 apiece, as investors took heart from its solid earnings performance in the third quarter of the year…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA move this large in a small-cap stock reflects a strong reaction to better-than-expected earnings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Shares rose 35.33% on Friday to close at $100.98 after the third-quarter earnings call.
  2. 02The company swung to a net profit of $6.55 million from a $16.4 million net loss a year earlier.
  3. 03Total subscription revenues grew 30.7% to $179.17 million, with cloud revenues up 60% year-on-year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
JFrog Ltd.FROGStock100.98 USDMarket closedtoday +35.33%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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