Cloudflare Stock Surges on Strong Earnings, Upbeat Outlook—Key Price Level to Watch

Key TakeawaysCloudflare shares rose sharply after the company topped analysts fourth-quarter earnings and sales estimates and issued upbeat current-quarter guidance.CEO Mathew Price said the company inked its largest new customer deal and biggest renewal during the quarter, helping to drive record annual contract value.Cloudflare shares may see profit taking near $132, finding potential chart resistance from the March 2022 swing high. Cloudflare, Inc. Source: TradingView.com.Shares in Cloudflare (NET) su ...