Core Insights - Cloudflare experienced a network outage affecting major platforms like ChatGPT and X (formerly Twitter), leading to increased error rates for users [1][2] - The company is investigating the cause of the outage and reported a spike in unusual traffic that contributed to the errors [2][3] - Cloudflare's stock has seen significant volatility, with a recent drop of 3.3% to $195.50, following a strong performance earlier in the year [4] Company Performance - For the period ending September 30, Cloudflare reported earnings of 27 cents per share, a 35% increase year-over-year, and revenue of $562 million, up 31% [5] - The stock has advanced 80% in 2025, reaching a record high of $260 on November 3, but has since fallen below key moving averages amid a broader retreat in AI-related stocks [4] Technical Ratings - Cloudflare holds a strong Composite Rating of 96 out of a possible 99, indicating strong overall performance [5] - The Accumulation/Distribution Rating is D, suggesting recent heavy selling activity [5]
Cloudflare Stock Falls Amid Network Outage Impacting ChatGPT, Spotify, X Platforms