Cloudflare stock drops as “Moltbot” AI-bot mania cools — what NET traders watch next
New York, January 28, 2026, 12:14 (EST) — Regular session Cloudflare shares dropped 6.5% Wednesday, reversing a two-day rally fueled by AI buzz. The internet security company lost $13.39 to trade at $192.56 in midday New York trading, after hitting an intraday high of $212.36. This shift is significant as Cloudflare has emerged as an unexpected stand-in for “agentic” AI — systems that act on behalf of users rather than merely responding to queries. Investors are now grappling with whether this will translate into sustained paid usage or remain a quick speculative play. Wall Street is diving back into the