Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Confluent Stock Is Plummeting Today

TheMotleyFool

0 0

Confluent (NASDAQ: CFLT) stock is seeing big sell-offs again this Friday. The data-streaming company's share price was down roughly 15.6% in the daily trading session as of noon ET.

Confluent released first-quarter earnings results after the market closed yesterday, and shares are falling despite results for the period coming in better than the market had anticipated. The company reported a non-GAAP (adjusted) loss per share of $0.19 on sales of $126 million, while the average analyst estimate had guided for a loss of $0.21 per share on sales of $119.49 million.

Image source: Getty Images.

Source Fool.com

Like: 0

CFLT

Share