Cloudflare stock (NET) drops 7% as tech turns wary; insider sales filed, payrolls next
New York, January 8, 2026, 15:42 EST — Regular session Cloudflare Inc shares fell about 7% on Thursday, pulling the cybersecurity and content delivery firm lower after a strong close the day before. The stock was down 7.1% at $188.32, after opening at $201.71 and touching $185.82. The selling came as investors stepped back from big tech and other AI-linked trades, putting pressure on the broader technology sector. “It’s become a ‘show me’ sector. Show me how you monetize this,” said Art Hogan, chief market strategist at B. Riley Wealth, pointing to worries about returns on capex, or capital spending.