Cloudfare Slips After Equipment Causes International Net Outage

Shares of Cloudfare (NET) – Get Report slid in after-hours trading Friday after problems at the internet infrastructure and security company resulted in outages for sites that depend on the technology.

Shares fell 49 cents, or 1.3%, to $36.53 in after-hours action after gaining 5.5% in the regular session.

The company said in a statement “it appears a router on our global backbone announced bad routes and caused some portions of the network to not be available. We believe we have addressed the root cause and are monitoring systems for stability now.”

(Excerpt) Read more Here | 2020-07-18 00:55:00
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