On July 15, Cloudflare fell 3.01% in regular trading, trading at $273.22/share with turnover of $309 million. The decline came as Mizuho adjusted its target prices for Cloudflare and other software companies, while the broader Internet Services & Infrastructure sector experienced widespread selling pressure.

Within the sector, DigitalOcean fell 8.11%, CoreWeave declined 3.58%, Snowflake dropped 2.41%, and Applied Digital lost 2.23%, with Shopify being a rare gainer at 0.76%. The pullback follows a strong 3.81% rally in the prior session, which was fueled by multiple positive catalysts including a research pilot with OpenAI leveraging 20% of global traffic data, and analyst upgrades from both Barclays and Scotiabank raising target prices to $300.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)