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Why Cloudflare Stock Soared on Monday


Shares of cloud computing company Cloudflare (NYSE: NET) jumped on Monday, rising as much as 19.3%. As of 12:00 p.m. EDT, the stock was up about 15%.

The growth stock's gain follows Cloudflare's announcement of Cloudflare One, a network-as-a-service solution for cloud-based security, performance, and control through a single user interface.

Image source: Getty Images.

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Source Fool.com

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