Why Confluent Stock Popped Today
The share price of Confluent (NASDAQ: CFLT), a data-streaming software company, rocketed higher today after Reuters reported that it may be exploring a sale. Technology companies are looking for any angle they can get in the expanding artificial intelligence (AI) space, and Confluent's tech could be on some companies' short list.
The tech stock jumped by more than 18% earlier Wednesday and had gained 9.8% as of 1:49 p.m. ET.
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Source Fool.com
