JFrog’s Russell inclusion lands as software stocks slide
JFrog Ltd. shares slid over 4% Wednesday, reversing after the company received a new notice about being added to an index. Investors sold off software stocks in a weak session for U.S. markets. JFrog was trading at $84.29 at 3:08 p.m. in New York, off $3.76, after touching $88.00 earlier. JFrog said Tuesday it’s set to join the Russell 3000, a major U.S. stock index. The stock will be added after the close on June 26, putting it in either the Russell 1000 or Russell 2000 and linked style indexes.