Advertisement
Singapore markets close in 2 hours 8 minutes
  • Straits Times Index

    3,173.89
    -13.77 (-0.43%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,217.39
    -168.48 (-1.03%)
     
  • FTSE 100

    7,877.05
    +29.06 (+0.37%)
     
  • Bitcoin USD

    64,084.76
    +3,096.86 (+5.08%)
     
  • CMC Crypto 200

    1,287.49
    -25.13 (-1.92%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • Dow

    37,775.38
    +22.07 (+0.06%)
     
  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     
  • Gold

    2,397.30
    -0.70 (-0.03%)
     
  • Crude Oil

    83.87
    +1.14 (+1.38%)
     
  • 10-Yr Bond

    4.6470
    0.0000 (0.00%)
     
  • FTSE Bursa Malaysia

    1,550.23
    +5.47 (+0.35%)
     
  • Jakarta Composite Index

    7,063.10
    -103.72 (-1.45%)
     
  • PSE Index

    6,419.64
    -103.55 (-1.59%)
     

Why Cloudflare Stock Dropped on Monday

Why Cloudflare Stock Dropped on Monday

Shares of cybersecurity company Cloudflare (NYSE: NET) tumbled 2.1% through 11:50 a.m. ET on Monday morning. Bright and early Monday morning, Swiss investment bank UBS rolled out of bed. First thing it did after doing so was downgrade Cloudflare stock to "sell."