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Why Confluent Stock Ripped Higher on Monday

TheMotleyFool 
0 0 08.12.25
Why Confluent Stock Ripped Higher on Monday: https://g.foolcdn.com/editorial/images/846075/letters-m-and-a-surrounded-by-notebooks-and-computers-and-people-working-on-a-merger.jpg
 

IBM (NYSE: IBM) is buying Confluent (NASDAQ: CFLT) -- that's the big tech headline this morning -- and it's driving shares of the data streaming platform 29.2% higher through 11:50 a.m. ET Monday.

IBM stock is also up, but only 1.5%.

Image source: Getty Images.

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Source Fool.com

International Business Machines Corp Stock

€263.45
-1.080%
A loss of -1.080% shows a downward development for International Business Machines Corp.
Our community is currently high on International Business Machines Corp with 28 Buy predictions and 5 Sell predictions.
On the other hand, the target price of 263 € is below the current price of 263.45 € for International Business Machines Corp, so the potential is actually -0.17%.
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