U.S. Markets closed

  • S&P Futures

    3,902.00
    +4.25 (+0.11%)
     

  • Dow Futures

    31,241.00
    +39.00 (+0.12%)
     

  • Nasdaq Futures

    11,838.00
    -40.25 (-0.34%)
     

  • Russell 2000 Futures

    1,771.50
    -3.40 (-0.19%)
     

  • Crude Oil

    110.35
    +0.46 (+0.42%)
     

  • Gold

    1,845.10
    +3.90 (+0.21%)
     

  • Silver

    21.87
    -0.03 (-0.13%)
     

  • EUR/USD

    1.0562
    -0.0026 (-0.2429%)
     

  • 10-Yr Bond

    2.7870
    -0.0680 (-2.38%)
     

  • Vix

    29.43
    +0.08 (+0.27%)
     

  • GBP/USD

    1.2495
    +0.0020 (+0.1587%)
     

  • USD/JPY

    127.8500
    +0.0560 (+0.0438%)
     

  • BTC-USD

    30,332.77
    +900.96 (+3.06%)
     

  • CMC Crypto 200

    650.34
    -23.03 (-3.42%)
     

  • FTSE 100

    7,389.98
    +87.24 (+1.19%)
     

  • Nikkei 225

    26,739.03
    +336.19 (+1.27%)
     

Why Cloudflare Stock Tanked 5% Today

Nicholas Rossolillo, The Motley Fool
·2 min read
Why Cloudflare Stock Tanked 5% Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • NET
    Watchlist

Shares of edge computing and internet infrastructure company Cloudflare (NYSE: NET) were down over 5% today as of 3 p.m. ET. For the most part, this is simply a continuation of the selling pressure that has hit Cloudflare and other high-growth but richly valued tech stocks in recent months. With the Federal Reserve on course to start raising interest rates, high-growth business valuations are under pressure.

Continue reading

Recommended Stories