PM EDT According to the Cloudflare status page, the service issues have been fully resolved. "All Cloudflare services have been restored and are now fully operational," the company wrote. "We are moving the incident to Monitoring while we watch platform metrics to confirm sustained stability.

Cloudflare, Inc. ("Cloudflare") (NYSE: NET) today announced the pricing of $1.75 billion aggregate principal amount of Convertible Senior Notes due 2030 (the "notes") in a private offering (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933,

Any major problems with providers like this will result in lots of your favorite online sites and apps going down. Down Detector on Thursday saw user-reported issues at Twitch, Gmail, Discord, Nintendo Switch Online, Spotify, and dozens more platforms. (Disclosure: Ziff Davis owns both Mashable and Down Detector.)

Cloudflare, Inc. announced pricing of $1.75B convertible senior notes due 2030, option for additional $250M, and intends to use proceeds for corporate purposes.

While not every stock performs well, when investors win, they can win big. Don't believe it? Then look at the Cloudflare, Inc. (NYSE:NET) share price. It's 378% higher than it was five years ago. This just goes to show the value creation that some businesses can achieve.

Cloudflare has established itself as a leader in the cybersecurity and content delivery network space, showing resilience against competitors. Learn more on NET stock here.

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