Shares of Cloudflare (NYSE:NET) fell by more than 15% on Friday following the release of its latest ...
The cloud software company is struggling to grow into its premium valuations.
The company is pricey on its valuations, so some expect it to outperform.
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The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.99%. US stock indexes...
The company's growth projections don't match up to Wall Street's sky-high expectations.
Why Cloudflare (NET) Stock Is Trading Lower Today
The S&P 500 Index ($SPX ) (SPY ) this morning is +0.86%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.81%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.65%. US stock indexes this morning...