Snowflake Stock Falls as a Software Tweak Hits Revenue. Analysts Remain Bullish.

Snowflake shares are taking it on the chin after the cloud-based data-software company posted complicated quarterly results that left investors a little disappointed. Keep in mind that Snowflake is one of the fastest-growing publicly traded software stocks, with a valuation to match, so even as hint of negativity can spur volatility.

The stock fell as much as 25% in after-hours trading on Wednesday. It was off 16%, at $221.45, on Thursday.

For…