Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Cloudflare, Inc. announced pricing of $1.75B convertible senior notes due 2030, option for additional $250M, and intends to use proceeds for corporate purposes.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
The past six months have been a windfall for Cloudflare’s shareholders. The company’s stock price has jumped 58.8%, setting a new 52-week high of $180.80 per share. This run-up might have investors contemplating their next move.
Shares of internet security and content delivery network Cloudflare (NYSE:NET)
jumped 5.1% in the afternoon session after Oppenheimer raised the firm's price target from $165 to $200 and kept a Buy rating following talks with Phil Winslow, Cloudflare's VP of Strategic Finance & Investor Relations.
Tech stocks surged in May, with CoreWeave (+191.80%), Credo Technology (+49.03%), and Cloudflare (+38.91%) leading the way, backed by strong momentum and bullish investors.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at content delivery stocks, starting with F5 (NASDAQ:FFIV).
