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Cloudflare shares rise after forecast tops estimates
Cloudflare NET | 212.11 | -0.42% |
MILAN, Feb 11 (Reuters) - Cloudflare NET.N shares opened 13% higher in Frankfurt on Wednesday after it forecast annual and first-quarter sales above Wall Street estimates, betting on the rapid development of artificial intelligence technology to drive demand for its cloud services.
The shares closed up 3.58% in Tuesday's regular session, having fallen by 8.7% so far in 2026.
