JFrog stock sinks nearly 7% despite Barclays note on new Enterprise X price hike
JFrog shares fell 6.9% to $58.16 Friday after the company raised prices on its self-hosted Enterprise X tier by about 6% starting Jan. 1, according to Barclays. The drop tracked a broader slide in software stocks, with the iShares Expanded Tech-Software ETF down 2.8%. Investors are watching if the price hike affects renewals ahead of JFrog’s expected February earnings update.
