Confluent Announces Third Quarter 2023 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- Tech selloff weighs down Wall Street as bond yields climb
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
Wall Street analysts eye this software stock after 40% sell-off
November 3, 2023 2:24 PM EDTAfter a significant sell-off following a recent earnings release, analysts at Guggenheim and Wolfe Research now see an opportunity in one software company.
Confluent, Inc. (NASDAQ: CFLT) shares fell from around $28 per share on Wednesday to as low as $14.69 on Thursday following its earnings release. The company reported better-than-expected earnings and revenue, but its guidance disappointed.
However, the plunge has prompted analysts at two firms to upgrade the stock.
At Wolfe Research,... More
