By Investor’s Business Daily
Publication Date: 2025-12-08 05:17:00
Confluent (CFLT) stock jumped more than 20% Sunday on a media report that IBM is close to acquiring the data software company. IBM (IBM) is close to finalizing a deal to acquire Confluent for $11 billion, the Wall Street Journal reported, citing unnamed sources. The deal could be announced Monday, although it could still fall through, the report said. Confluent…