Why Cloudflare (NET) Dipped More Than Broader Market Today

In the latest trading session, Cloudflare (NET) closed at $97.06, marking a -0.95% move from the previous day. This move lagged the S&P 500's daily loss of 0.11%. Elsewhere, the Dow saw an upswing of 0.12%, while the tech-heavy Nasdaq depreciated by 0.41%.The web security and content delivery company's stock has dropped by 9.2% in the past month, falling short of the Computer and Technology sector's gain of 1.42% and the S&P 500's gain of 2.7%.Market participants will be closely following the financial resu ...