Confluent(US:CFLT) Ge Long Hui·2025-12-08 09:12Core Insights - Confluent (CFLT.US) shares surged by 33% in pre-market trading following news that IBM is in advanced talks to acquire the data infrastructure company for approximately $11 billion. This acquisition aims to enhance IBM's capabilities in capturing the growing demand for cloud services [1] Group 1: Company Overview - Confluent is an open-source platform designed to handle vast amounts of real-time data streams, ranging from banking transactions to website clicks [1] - As of now, Confluent's market capitalization stands at approximately $8.09 billion [1] Group 2: Market Reaction - The pre-market price for Confluent reached $30.80, reflecting a 33.10% increase [2] - The closing price prior to the news was $23.35, with a trading volume of 5.5642 million shares [2] - The stock has a 52-week high of $37.90 and a low of $15.64, indicating significant volatility [2]