Confluent Stock Soars on Earnings: Is It Too Late to Buy?

By Jamie Louko – Nov 3, 2022 at 9:45AM

NASDAQ: CFLT

Confluent

Market Cap

$9B

Today's Change

(1.23%) $0.35

Current Price

$28.88

Price as of April 24, 2024, 4:00 p.m. ET

Here's why Confluent is skyrocketing today.

Shares of Confluent (CFLT 1.23%) popped as much as 10% after the company reported third-quarter earnings on Nov. 2, 2022. This episode breaks down the company's eye-catching earnings report, discussing the highlights and the few lowlights of this healthy quarter. Jamie also explains the long-term opportunity ahead for this hypergrowth company. If you enjoy the episode, leave a like, consider subscribing, and use the special discount link below.

*Stock prices used were the premarket prices of Nov. 3, 2022. The video was published on Nov. 3, 2022.

Jamie Louko has positions in Confluent, Inc. The Motley Fool has positions in and recommends Confluent, Inc. The Motley Fool has a disclosure policy. Jamie Louko is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.