NET is trading at $172.90 (+5.55%) as it rebounds from a sharp cybersecurity sector pullback.
- The stock is recovering from a -9.57% drop on February 23, which saw shares close at $160.19.
- Today's move aligns with broader market gains, with the S&P 500 up 0.84% and NASDAQ Composite up 1.26% as of 2:43 PM EST.
- The recovery reflects sector-wide momentum in technology stocks, driven by AI infrastructure developments and anticipation of major earnings announcements, despite no company-specific news for Cloudflare today.