CFLT - Confluent - Real Time For Data; A More Measured Cadence For Investor Returns

• Confluent is a recent new issue whose IPO took place on June 24, 2021 at a price of $36/share.
• The shares have been typically volatile as a new issue, already reaching a high of $58/share before most recently settling back to the mid-$40 range.
• Confluent offers a far more user friendly version of the wildly popular Kafka open source project.
• The company's founders were the creators of Kafka and developed its implementation when they were at LinkedIn.
• The Confluent offering of Kafka is essentially about a paradigm called "data in motion" which is already achieving substantial acceptance by developers writing data transformation applications.

For further details see: