Confluent (NASDAQ: CFLT) stock is seeing a big valuation pullback Friday. The company's share price was down 7.9% as of 2:30 p.m. ET, and had been down as much as 11% earlier in trading.

Bullish option flow detected in Confluent (CFLT) with 6,779 calls trading, 1.3x expected, and implied vol increasing over 2 points to 50.21%. Feb-25 33 calls and Mar-25 40 calls are the most ...