Confluent ticker CFLT has been cut in half since its IPO, despite a bump on surprising earnings. Confluent is an open source data streaming platform that lets you move and process data in real time. The company was built to fully maintain, manage and improve on Apache with what they called Confluent Kafka.
Just because a stock is down 50% doesn’t mean that the business is broken. (Or does it?)
Ricky Mulvey caught up with Motley Fool Senior Analyst Yasser El-Shimy to talk about some higher growth companies whose stocks have taken a hit. They discuss: - How investors can approach growth stocks with a venture capital lens. - Profitability questions for a streaming data company. - A second look at a space company that went public via SPAC. Companies discussed: CFLT, LMT, SPCE, RKLB Host: Ricky Mulvey Guest: Yasser El-Shimy Engineer: Tim Sparks Production Assist: Alex Friedman
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