Cloudflare Stock Pops After Strong Q2 Results
Cloudflare shares are surging Friday after the internet security and infrastructure firm beat Q2 estimates on the top and bottom lines.
Cloudflare made more money than people expected in the last three months, which made investors happy and the stock price went up. When a company beats expectations (beats = does better than predicted), it can mean the business is running well and people might feel more confident about it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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