NEW YORK, March 19, 2026 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Confluent, Inc. (“Confluent” or the “Company”) (NASDAQ: CFLT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Confluent and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On July 30, 2025, Confluent reported its financial results for the second quarter of 2025. Among other items, Confluent disclosed that “an AI-native customer has been making a broad-based move towards self-management of internal data platforms.” Confluent advised that this shift resulted in reduced usage of Confluent Cloud, and while the Company secured a Confluent Platform deal with the client in Q3 to continue supporting their streaming needs, the transition “represents a significant reduction in total spending with Confluent starting in Q4.” Consequently, the change is “expected to dampen [Confluent’s] Q4 cloud revenue growth rate by low single digits.”
On this news, Confluent’s stock price fell $8.67 per share, or 32.86%, to close at $17.73 per share on July 31, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
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SOURCE Pomerantz LLP
