Why Confluent Stock Was Racing Higher This Week

Data streaming company Confluent (CFLT -3.77%) was streaming stock market success in recent trading sessions. Following the release of its fourth-quarter and full-year 2024 financial results, investors leaped on the stock; as of early Friday morning its price had risen by almost 21% week to date, according to data compiled by S&P Global Market Intelligence.A solid quarter, and a pair of new collaborationsConfluent's quarterly performance impressed not only investors, but a swarm of analysts that published b ...