Tech turmoil: Cloudflare stock drops on disappointing revenue forecast
Cloudflare’s stock price plunged during premarket trading today, with shares falling sharply as the company’s fourth-quarter and full-year revenue guidance disappointed investors. The content delivery network and cybersecurity firm’s projection missed Wall Street expectations, leading to a dip of nearly 10% in premarket trading. Revenue Guidance Sparks Sell-off The premarket sell-off comes after Cloudflare revealed […]