CFLT News and Press, Confluent Inc. From 06/21/23

2023-06-21 06:40:00 ET Enterprise software companies are facing a challenging environment. Businesses are looking to cut costs and save money, and the appetite for expensive new tech projects has waned. Winning new customers and convincing existing customers to expand usage is becoming more...

2023-06-20 10:41:33 ET Confluent ( NASDAQ: CFLT ) shares fell more than 3% on Tuesday even as investment firm Wolfe Research started coverage on the software company, noting it has a "massive" opportunity ahead of it due to the explosion of real-time data. Analyst Allan Verk...

2023-06-20 10:27:37 ET Confluent (NASDAQ: CFLT) , the former cloud division of LinkedIn which was spun out into an independent company in 2014, went public on June 24, 2021. It priced its IPO at $36 per share, opened at $44 on the first day, and hit an all-time high of $93.60 on Nov...

2023-06-14 15:50:48 ET Shares of Confluent (NASDAQ: CFLT) are losing ground in Wednesday's trading following a downgrade from an analyst firm. The data software company's stock was down 7.9% as of 3:15 p.m. ET, according to data from S&P Global Market Intelligence . Gugg...

2023-06-05 11:53:45 ET Summary The recent performance of CFLT stock is finally reflecting the value of the company's business. I expect CFLT to experience strong growth as indicated by key growth metrics, such as the increase in RPO and cRPO. Despite a weak macroeconomic outlo...

2023-05-30 13:44:19 ET Summary Confluent is relatively well placed in the long run as it does not face the direct competition that many SaaS companies do. Confluent's value proposition appeals to larger organizations, which could be a headwind in the near term, but also provides a...

Confluent, Inc. (NASDAQ: CFLT) , the data streaming pioneer, today announced that it will host Investor Day 2023 in New York City on Tuesday, June 13, 2023. Management will provide an update on Confluent’s vision and strategy, products, go to market, and financials. Investors...

2023-05-21 09:53:18 ET Broadly speaking, technology stocks are ripping higher this year, with the Nasdaq-100 index jumping 27% so far. But the sector is still reeling from a very difficult 2022, and many individual stocks still have plenty of ground to make up. The three stocks feat...

2023-05-19 11:40:38 ET There's no question that the primary driver of the stock market over the past year or so has been the state of the economy. High inflation, rising interest rates, various political dramas, and concerns about a potential recession have all weighed on the market. Ye...

Data Quality Rules, part of the first fully managed governance solution for Apache Kafka, helps teams enforce data integrity and quickly resolve data quality issues Confluent announces Custom Connectors and Stream Sharing, making connecting custom applications and sharing real-time data i...