Core Viewpoint - Confluent, Inc. is under investigation for possible securities fraud following a significant decline in its stock price after disappointing financial results for Q2 2025 [1][3][4]. Financial Performance - On July 30, 2025, Confluent announced its Q2 2025 financial results, indicating that consumption growth was impacted by ongoing optimization efforts, with month-over-month trends lagging behind previous years [3]. - The Chief Financial Officer mentioned a shift by an AI-native customer towards self-management of internal data platforms, leading to reduced usage of Confluent Cloud services [3]. Stock Market Reaction - Following the announcement of the financial results, Confluent's stock price fell by $8.68 per share, approximately 32.86%, closing at $17.73 per share on July 31, 2025 [4]. Legal Actions - The Portnoy Law Firm has initiated an investigation into Confluent and may file a class action on behalf of investors who incurred losses [1][2]. - Investors are encouraged to contact the law firm for a complimentary case evaluation regarding their legal rights and options for recovering losses [2].
Confluent, Inc. Investors: Company Investigated by the Portnoy Law Firm