Confluent Stock Jumps On Report IBM Near Acquisition Deal Confluent Stock Jumps On Report IBM Near Acquisition Deal

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…