Cloudflare's stock fell over 2% intra-day as the company plans to privately issue $2.175 billion in convertible bonds

August 10th, according to BIT (Bit.com) market data, the US stock Cloudflare fell over 2% intraday, but the current decline has narrowed to 0.94%, with a market value standing at $105.47 billion.

On the news front, the company announced it plans to privately issue $2.175 billion in convertible bonds.