NET - Why Cloudflare Shares Are Rising Today | Benzinga
Cloudflare, Inc. (NYSE:NET) shares are trading higher on Friday.
The company said it is pushing forward with aggressive investment plans in the Middle East, bolstering its regional strength.
In the fourth quarter of 2023, Cloudflare saw Internet usage in the Middle East grow by more than 20%, while cyber threats increased 31% from the previous quarter.
The investment encompasses a fresh office in Dubai Internet City, ...