Shares of Confluent Inc. (NASDAQ:CFLT) traded today at $68.22, eclipsing its 52-week high. Approximately 945,000 shares have changed hands today, as compared to an average 30-day volume of 587,000 shares.
Confluent Inc. (NASDAQ:CFLT) is currently priced 46.7% above its average consensus analyst price target of $35.68.
Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. The company generates revenue from the sale of subscriptions and services.
In the past 52 weeks, shares of Confluent Inc. have traded between a low of $42.31 and a high of $68.22 and is now at $66.95, which is 58% above that low price.
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