Cloudflare Stock News

Cloudflare said Friday (Dec. 5) that it resolved an incident in which its network became unavailable for several minutes earlier in the day.

A glitch at internet infrastructure firm Cloudflare knocked out a swathe of major websites on Friday morning, causing widespread outages for users trying to access services like LinkedIn, Zoom, Canva and Shopify. The issue began shortly after 9am UK time, when Cloudflare reported problems with its dashboard and APIs.

Several websites, including Linkedin, Zoom and Canva, went down this morning after new issues with internet provider Cloudflare.

Cloudflare has restored impacted software services after a minor outage on Friday hampered access to crypto trading exchange Coinbase and Anthropic's artificial intelligence chatbot Claude AI.

“This was not an attack; the change [to the platform's firewall] was deployed by our team to help mitigate the industry-wide vulnerability disclosed this week,” Cloudflare said in the status update.

Shares of the company were down 4.5% in premarket trading after global websites went down and Cloudflare said it was investigating.

About a dozen large companies probably aren't candidates for the index because they aren't profitable based on traditional accounting rules, according to a report.

Cloudflare (NET) stock has decreased by 20.5% over a period of 21 trading days. This recent decline highlights renewed concerns regarding NET's network reliability following a global outage; however, significant drops like this often pose a more challenging question: is the decline temporary, or does it indicate deeper issues within the company?