Cloudflare (NET) Stock Drops Despite Market Gains: Important Facts to Note

Cloudflare (NET) closed the most recent trading day at $190.55, moving -3.65% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, lost 0.39%. Heading into today, shares of the web security and content delivery company had gained 7.55% over the past month, lagging the Computer and Technology sector's gain of 9.6% and outpacing the S&P 500's gain of 5.88%.The investment community will be c ...