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Cloudflare CEO Matthew Prince sells a large portion of his stock, amid company's financial challenges.
Cloudflare CEO Matthew Prince has recently sold a significant portion of his company's stock, reducing his ownership by 11.25% to 413,413 shares.
This follows several sales since early January, totaling over 320,000 shares.
The company reported a negative net margin and return on equity, and its stock price has seen fluctuations.
Despite financial challenges, Cloudflare, a cloud services provider, has a market capitalization of $40.54 billion.
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El CEO de Cloudflare, Matthew Prince, vende una gran parte de sus acciones, en medio de los retos financieros de la compañía.