Why Confluent Stock Is Skyrocketing Today
Shares of Confluent (CFLT 21.89%) are seeing explosive gains in Wednesday's trading. The data streaming specialist's share price was up 20% as of 11:45 a.m. ET today. Meanwhile, the S&P 500 index was down 0.7%, and the Nasdaq Composite index was down 0.4%.Confluent published its fourth-quarter results after the market closed yesterday and reported sales and earnings for the period that beat Wall Street's expectations. The company also announced some new partnerships that appear to have investors excited.Con ...