US20717M1036 - Common Stock
CONFLUENT INC-CLASS A
NASDAQ:CFLT (1/3/2025, 8:27:21 PM)
After market: 29.4 +0.14 (+0.48%)29.26
+1.01 (+3.58%)
Confluent, Inc. creates a data infrastructure platform focused on data in motion. The company is headquartered in Mountain View, California and currently employs 2,744 full-time employees. The company went IPO on 2021-06-24. The firm is engaged in designing data infrastructure to connect the applications, systems and data layers around a real-time central nervous system. The firm is focused on developing a category of data infrastructure focused on data in motion for developers and enterprises. The company enables enterprises to deliver customer experiences for their business functions, departments, teams, applications, and data stores to have complete connectivity. The company is designed to have real-time data from multiple sources constantly streamed across an enterprise for real-time analysis. Its offering enables organizations to deploy production-ready applications that run across cloud infrastructures and data centers, with features for security and compliance. Its platform provides the capabilities to fill the structural, operational and engineering gaps in businesses. The company enables software developers to build their applications to connect data in motion.
CONFLUENT INC-CLASS A
899 W. Evelyn Avenue, Suite 111
Mountain View CALIFORNIA
P: 18004393207
CEO: Jay Kreps
Employees: 2744
Website: https://www.confluent.io/
On Thursday, Confluent stock got an upgrade for its IBD SmartSelect Composite Rating to 96, up from 94 a day ago.
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Confluent trades at $30.88 per share and has stayed right on track with the overall market, gaining 10.9% over the last six months. At the same time, the S&P 500 has returned 11.5%.
Confluent stock is up 5% and flirting with a breakout above a handle buy point as investors return to enterprise software stocks.
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