Cloudflare is trading 10.23% down at $241.89 as of 10:35 a.m. EST on November 5, 2026, as a Delaware judge’s ruling blocking its proposed stock restructuring prolongs uncertainty over founder voting control.

  • A Delaware judge allowed a fast-track appeal, while the block on the restructuring remains in place.
  • The Nasdaq is down 3.85% amid risk aversion toward technology and AI-related stocks.
  • Quarterly results are due after market close, an imminent catalyst for investors.