• Tech tools developer JFrog leaps 62% after raising $509 million in upsized IPO

    4 days ago - By Business Insider

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    Software company Jfrog leapt 62% after raising $509 million in its upsized initial-public-offering on Wednesday. The technology tools provider, that counts the top 10 largest tech firms in the Fortune 100 as clients, priced 11.6 million shares at $44 each, valuing the company at about $5 billion. JFrog's shares began trading on the Nasdaq Global Select market under the ticker symbol "FROG" on September 16. The company's float joins a list of other hot tech IPOs this week, including billionaire-backed cloud unicorn Snowflake that raised $3.4 billion in its record-breaking software...
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