Cloudflare stock falls after network outage affects millions of users across X, ChatGPT
Cloudflare stock fell nearly 3% to around $193 after a major outage hit early morning and disrupted access to ChatGPT, X, and several apps. The stock slipped from levels near $200 and erased about $1.8 billion in market value as investors reacted to reliability concerns. The outage started around 6:40 a.m. ET and was fixed by 9:42 a.m. ET, according to company disclosures. Trading stayed volatile as markets weighed the impact of the network failure on Cloudflares infrastructure credibility and future customer confidence.
Cloudflare stock fell nearly 3% to around $193 after a major outage hit early morning and disrupted access to ChatGPT, X, and several apps. The stock slipped from levels near $200 and erased about $1.8 billion in market value as investors reacted to reliability concerns. The outage started around 6:40 a.m. ET and was fixed by 9:42 a.m. ET, according to company disclosures. Trading stayed volatile as markets weighed the impact of the network failure on Cloudflares infrastructure credibility and future customer confidence.
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