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Benchmark-backed Confluent valued at over $11 bln in Nasdaq debut

June 24 (Reuters) - Shares of Confluent Inc jumped more than 22% in their U.S. stock market debut on Thursday, giving it a market capitalization of over $11 billion, underscoring a surge in demand for live-streaming software as companies increasingly move events online due to the pandemic.

Reporting by Sohini Podder in Bengaluru; Editing by Vinay Dwivedi

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