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- Cloudflare stock's rally is likely to continue, and here's why
Cloudflare stock's rally is likely to continue, and here's why
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High-flying SaaS stock Cloudflare ($NET) experienced a dramatic plunge after the 2021 stock market bubble burst, losing more than 80% of its value as shares tumbled from over $200 to under $40. However, over the past year and a half, NET has impressively rebounded, climbing over 100%.

Management’s solid execution amid a challenging environment and their focus on innovation helped the stock recover, rewarding investors who bought the dip. Given the company’s bright future prospects, NET stock will probably continue to rise and create shareholder value. Let’s take a deep dive.