Why Confluent Shares Are Trading Higher By Around 32%; Here Are 20 Stocks Moving Premarket - Cemtrex (NASDAQ:CETX), Confluent (NASDAQ:CFLT)
Benzinga·2025-12-08 10:26

Group 1 - Confluent Inc's shares rose 31.8% to $30.49 in pre-market trading following reports of IBM's advanced discussions to acquire the company for approximately $11 billion [1][2] - IBM is close to finalizing a deal to purchase Confluent, which specializes in technology for managing real-time data streams used in large artificial intelligence models [1] Group 2 - Treasure Global Inc experienced a significant gain of 128% to $58.00 in pre-market trading after a previous jump of 276% on Friday [6] - Cemtrex Inc surged 106.8% to $6.35 in pre-market trading after announcing a share purchase agreement to acquire Invocon [6] - Other notable gainers include Top Wealth Group Holding Ltd, which rose 88.5% to $11.35, and Paranovus Entertainment Technology Ltd, which gained 87.4% to $0.069 [6] Group 3 - Several companies experienced declines in pre-market trading, including Polyrizon Ltd, which tumbled 22.1% to $10.20, and Inspire Veterinary Partners Inc, which declined 19.1% to $0.083 [6] - SMX (Security Matters) Public Limited Company fell 17.2% to $275.00 after a significant jump of 135% on Friday [6] - Gulf Resources, Inc. shares dipped 16.1% to $6.87, and Wheeler Real Estate Investment Trust, Inc. also dipped 16.1% to $5.35 after a surge of 98% on Friday [6]