Cloudflare is trading at $255.15, down 4.29% in pre-market as a Delaware judge approved an appeal in the dispute over its planned stock restructuring.
- An earlier ruling paused the transaction amid concerns about whether the board acted in good faith, keeping uncertainty around the deal in focus.
- Cloudflare is scheduled to report third-quarter results after the market closes on November 5; those results are not yet a pre-market catalyst.