Cloudflare is trading lower as hotter-than-expected inflation intensified concerns about interest rates.
- Trading at $332.37, down -4.41%.
- September CPI reached 3.7% year over year, and core inflation also exceeded forecasts, lifting Treasury yields and weighing on equities.
- The broader market, including the Nasdaq Composite, was lower. Available coverage identified no clear Cloudflare-specific catalyst.