Confluent (CFLT) After Hours: IBM’s $11 Billion Buyout, Wall Street Downgrades and What to Watch Before the Opening Bell on December 10, 2025
Confluent, Inc. has turned from a high‑beta growth stock into a classic merger‑arbitrage story almost overnight. After Monday’s news that IBM will acquire Confluent for $31 per share in cash in an ~$11 billion deal, the stock has exploded higher and then settled into a tight band just below the offer price. Reuters+1