--- title: "U.S. stock night trading volatility: Cloudflare fell 4.24% in after-hours trading, with concerns over intensive insider selling, and AI benefits fail to alleviate market doubts" type: "News" locale: "en" url: "https://longbridge.com/en/news/288645551.md" description: "CloudFlare fell 4.24% in after-hours trading; Coreweave fell 1.61% in after-hours trading, with a transaction volume of $3.45 million; Snowflake fell 0.76% in after-hours trading, with a transaction volume of $571,000; MongoDB fell 1.72% in after-hours trading, with a transaction volume of $384,900" datetime: "2026-06-04T00:51:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288645551.md) - [en](https://longbridge.com/en/news/288645551.md) - [zh-HK](https://longbridge.com/zh-HK/news/288645551.md) --- # U.S. stock night trading volatility: Cloudflare fell 4.24% in after-hours trading, with concerns over intensive insider selling, and AI benefits fail to alleviate market doubts **U.S. Stock Night Market Movements** CloudFlare fell 4.24% in the night market. Based on recent key news: 1. On June 1, Cloudflare director Carl Ledbetter sold 14,000 shares of Class A common stock at prices between $243.94 and $248.31. This move may raise market concerns about insider confidence in the company, leading to a drop in stock price. 2. On June 1, Cloudflare director Mark J. Hawkins sold 133 shares of Class A common stock at a price of $246.42. Although the amount is small, the consecutive insider sell-offs may exacerbate market doubts about the company's prospects. 3. On June 2, William Blair added Cloudflare to its confidence list due to optimistic views on AI demand and growth potential. However, the high expectations for the AI industry may lead to stock price fluctuations in the short term. AI demand drives volatility in tech stocks, and market sentiment is complex. **Stocks with High Trading Volume in the Industry** Coreweave fell 1.61% in the night market. Based on recent key news: 1. On June 2, CoreWeave partnered with Nvidia to strengthen its leadership in AI cloud. This move boosted market confidence in CoreWeave but failed to prevent the stock price from falling. 2. On June 3, CoreWeave COO Sachin Jain sold 3,798 shares of common stock, raising doubts about insider confidence in the company and causing the stock price to drop. 3. On June 3, BNP Paribas initiated coverage of CoreWeave with an "Outperform" rating and a target price of $192, which pushed the stock price up but then it fell back. There is a surge in demand for AI infrastructure, attracting significant market attention. Snowflake fell 0.76% in the night market. Based on recent key news: 1. On June 2, Snowflake partnered with Anthropic to promote enterprise AI adoption, and the market's growth in AI demand drove fluctuations in Snowflake's stock price. According to Benzinga, Snowflake's Cortex AI product is widely used in enterprises, promoting the use of AI tools. 2. On June 1, GF Securities pointed out that overseas software stocks have been rebounding since early April, and Snowflake's rebound helps in the valuation repair of AI applications. CITIC Securities believes this is a significant catalyst for the AI application sector, boosting market optimism towards AI-related software companies. 3. On June 3, Needham raised Snowflake's target stock price from $300 to $330, reflecting analysts' confidence in its future growth. The growth in AI demand drives a rebound in software stocks, and the market is optimistic MongoDB fell 1.72% in after-hours trading. Based on recent key news: 4. On June 1, MongoDB announced its participation in several important technology conferences, including the William Blair Annual Growth Stock Conference and the Bank of America Global Technology Conference. These conferences will provide the company with opportunities to showcase its latest technologies and engage with industry leaders; however, the market reaction was tepid, and the stock price failed to gain significant uplift. 5. On June 2, MongoDB director Hope F. Cochran sold 1,000 shares of common stock for a transaction amount of $350,000. This move may raise market concerns about the lack of confidence among company insiders, leading to a decline in the stock price. 6. On June 3, Tigress Financial raised MongoDB's target stock price from $430 to $515, indicating analysts' optimistic expectations for the company's future growth. However, the stock price did not immediately reflect this positive rating. 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