Why Is JFrog Stock Having a Bad Day Today?

Investors appear to be overreacting today.Shares of software delivery company JFrog (FROG -17.21%) plunged on Friday after the company reported financial results for the first quarter of 2024. As of 11:30 a.m. ET, JFrog stock was down 18%.Does this warrant such a big drop?Explaining a stock move isn't always straightforward. As best as I can figure, investors are punishing JFrog stock today because management didn't raise its guidance by as much as they had hoped. To be clear, the company's financial result ...