Why Shares of Confluent Fell 17.5% In July

·2-min read
Why Shares of Confluent Fell 17.5% In July

As for Confluent's business, the "data in motion" platform is doing just fine. Spun off from professional social network LinkedIn (now part of Microsoft) in 2014, Confluent offers a service that allows businesses to "stream" data in real time. At the beginning of August, Confluent released impressive financials backing up the extensive-use cases the company claims its platform has.

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