Confluent, Inc. (CFLT): Price and Financial Metrics Recent IPO
GET POWR RATINGS... FREE!
CFLT Stock Price Chart Interactive Chart >
CFLT Price/Volume Stats
|Current price||$63.73||52-week high||$71.00|
|Prev. close||$69.76||52-week low||$37.71|
|Day high||$67.85||Avg. volume||1,266,295|
|50-day MA||$50.70||Dividend yield||N/A|
|200-day MA||$0.00||Market Cap||16.60B|
Confluent, Inc. (CFLT) Company Bio
Confluent, Inc. engages in developing cloud-native platform for data-in-motion that helps companies to connect their applications around real-time streams in the United States and internationally. The company offers Apache Kafka, a community distributed event streaming platform. Its products also include Confluent Cloud, a managed cloud-native service for Apache Kafka to connect and process data of user companies; Confluent platform, a self-managed platform to connect, process, and react to data in real-time for streaming data from across the organization for customer experiences and data-driven operations; ksqlDB that enables users to build real-time applications; and Confluent hub. The company's solutions also include insurance, automotive, technology, fraud detection, customer 360, messaging modernization, streaming ETL, event-driven microservices, mainframe offload, SIEM optimization, bridge to cloud, and internet of things. It also provides professional services and tools for Confluent customers to help in streaming platform adoption; and training and certification programs for Confluent education. The company serves financial services, gaming, government, manufacturing, media and entertainment, and retail and eCommerce industries. It has a strategic alliance with Microsoft. The company was formerly known as Infinitem, Inc. and changed its name to Confluent, Inc. in September 2014. Confluent, Inc. was incorporated in 2014 and is headquartered in Mountain View, California.
Most Popular Stories View All
CFLT Latest News Stream
|Loading, please wait...|
CFLT Latest Social Stream
View Full CFLT Social Stream
Latest CFLT News From Around the Web
Below are the latest news stories about Confluent Inc that investors may wish to consider to help them evaluate CFLT as an investment opportunity.
MOUNTAIN VIEW, Calif., September 14, 2021--Confluent, the platform to set data in motion, unveiled the industry’s first governance suite for streaming data.
The explosive rise of Confluent and Databricks proves that open source is a strong enough business strategy to thrive in the era of Amazon''s, Microsoft''s, and Google''s cloud dominance
Confluent Platform is a streaming platform built by the original creators of Apache Kafka. It enables organizations to organize and manage streaming data from various sources. Confluent launched its IPO in June this year and raised $828 million to further expand its business. Confluent Platform was brought to several public cloud vendor marketplaces last year as Confluent Cloud . The offering is currently available in Azure, AWS, and GCP marketplaces. Furthermore, the company strengthened its partnership with Microsoft at the beginning of this year, establishing Confluent Cloud as a fully managed Apache Kafka service directly available on Microsoft Azure. Azure customers can access the extensive library of pre-built connectors, a unified billing model with options to use Azure committed...
Confluent stock is now up roughly 31% from market close on the day of its IPO.
Shares of Confluent (NASDAQ: CFLT) surged 42.7% in August, according to data from S&P Global Market Intelligence. The stock gained ground after the open-source data analytics company published second-quarter results early in the month, and it continued to climb in subsequent trading. Confluent published Q2 results on Aug. 5, posting sales and earnings results that topped the market's expectations.
CFLT Price Returns