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Investors flocked to the data streaming company Confluent (NASDAQ: CFLT) today after the company reported third-quarter results that were better than expected.
Not only did the company outpace Wall Street's expectations, but Confluent's management also issued strong guidance for the fourth quarter and raised its earnings and revenue outlook for the year.
Unsurprisingly, investors loved the combination of all of those things and pushed Confluent's share price up by 5% as of 1:43 p.m. ET.