Cloudflare (NET) Up 6% in a Month: How Should You Play Now?

Cloudflare, Inc. (NET) has experienced a notable rise recently, with shares climbing 6.2% over the past month. This upward trend adds to an intriguing year-to-date (YTD) journey marked by significant volatility. Cloudflare's share price took a major hit after the company announced during its first-quarter 2024 earnings release that macroeconomic headwinds were hurting its sales growth. Following the quarterly results, NET stock plunged more than 16% on May 3. Despite this, the recent surge has renewed inves ...