This Software Stock Is Jumping 16%. It’s Getting Takeover Interest.
1. Confluent explores potential acquisition interest from private-equity firms. 2. Company's sale process is in early stages with investment banker involvement. 3. Confluent Cloud subscription growth declined to 28%, below 30% milestone. 4. Stock rose 16% on acquisition report, indicating investor interest. 5. Third-quarter earnings report due on October 27 may influence future performance.