JFrog Ltd. FROG

A number of stocks fell in the afternoon session after a deepening Treasury selloff and higher oil prices pushed the benchmark 10-year yield to 5.218%, reinforcing expectations of further Federal Reserve rate hikes.

JFrog has delivered a powerful multi year share price run, and the question now is whether the current valuation is adequately supported by the cash flows the business can generate. With the stock pulling back in the near term while still carrying very strong longer term gains, investors are asking how much of its cash flow story is already reflected in the price. Over the past 3 years, JFrog has returned about 251.7%, which puts a lot of pressure on the underlying cash flows to justify that...