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ExodusPoint Capital Management invested $635,000 in JFrog, a company that narrowly beat revenue expectations.
ExodusPoint Capital Management has invested $635,000 in JFrog Ltd. (NASDAQ:FROG), buying 21,600 shares.
Despite a negative net margin of 16.16% and return on equity of 6.42%, JFrog, which provides software supply chain platforms, slightly beat revenue expectations in the last quarter with $116.08 million.
Analysts rate JFrog as a "Moderate Buy" with a price target of $41.00, although the company's stock opened at $31.01 on Friday.
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ExodusPoint Capital Management invirtió $635,000 en JFrog, una compañía que supera estrictamente las expectativas de ingresos.