Finance2 sources

Cloudflare Stock Drops Due to Analyst Note and Cyber Threats

  • Cloudflare (NYSE:NET) shares dropped by as much as 6% at the start of the week.
  • A bearish note from a Wall Street analyst contributed to the stock's decline.
  • Hackers are using fake Cloudflare verification to trick users into giving access.
  • Cloudflare's services are critical for many websites, making its disruptions impactful.
  • The stock was down 3.5% as of 1:44 p.m. ET.
Cloudflare Stock Drops Due to Analyst Note and Cyber Threats | Split Angle