NET Today - Aug 13: Cathie Wood's Big Moves

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NET Today - Aug 13: Cathie Wood's Big Moves

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Hey there! It’s Joey, your friendly neighborhood investor, here to break down what went down with Cloudflare today. So, we’re talking about NET, and it was a green day—up about 3.25%. Not too shabby!

So, here’s the scoop. Cloudflare got a nice boost today, and a big part of that was Cathie Wood. Yeah, she’s back at it, increasing her stake in Cloudflare while trimming her Shopify holdings. That’s definitely got folks buzzing. Plus, there were some other buys happening too, like Oak Thistle snagging over 9,000 shares. It seems like there’s some serious interest in this stock right now.

But it wasn’t just Cathie’s moves that lit the spark. There’s a lot of chatter around Cloudflare lately. Some investors are getting a bit twitchy about this whole founder control plan, wanting to block it. That’s creating some waves in the investor community. When people start getting concerned, it can really shake things up, but today, it looks like the good vibes won out.

Oh, and one more thing to keep in mind—Cloudflare's been on Cathie's radar for three straight days, so this isn’t just a one-off thing. She’s clearly got her eyes on the prize with NET, and that usually catches attention.

So, that’s the rundown! Cloudflare had a solid day, thanks in part to some big names showing interest. Just remember, this is all for fun and info, not financial advice. Catch you later!

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