No way! But it is enough to get you practicing even more, and narrowing down the issue to the ammo, magazine, pistol, or maintenance. Personally, I'd look at a malfunction as a welcomed test of true love for my pistols. All of my experienced malfunctions have been related to the magazine(s). Murphy's law and so many other factors play a role. One could only guess as to why this happened, but it's not the end of the world or a good reason to not trust your pistol. Just ask any of the frequent shooters on this forum.....statistics will catch up to you in time. Find the problem and cure it. In this case, I'm just guessing the ammo. For what it's worth.
This is only one malfunction I've had so far, but it is enough to make me feel iffy about carrying this pistol.