Bakkt (BKKT) Moves 13.8% Higher: Will This Strength Last?

Zacks11-08

Bakkt Holdings, Inc. (BKKT) shares soared 13.8% in the last trading session to close at $10.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This ...

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(BKKT) shares soared 13.8% in the last trading session to close at $10.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bakkt-bkkt-moves-13-8-213800291.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4075","symbol_name":"烟草","start_time":0,"source_url":"https://finance.yahoo.com/news/bakkt-bkkt-moves-13-8-213800291.html","article_id":"2481116020","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/hYDVEF34jJNULlluFRTwjg--~B/aD05MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/39dfb058875b6e691de9136bc97a47b4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481116020","pubTimestamp":1731015480,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Bakkt Holdings, Inc.  shares soared 13.8% in the last trading session to close at $10.55. The move was backed by solid volume with far more shares changing hands than in a normal session. 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ISPR has return","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4075":"烟草","BK4595":"比特币概念","ISPR":"雾麻科技","BKKT":"Bakkt Holdings, Inc.","BK4112":"金融交易所和数据"},"translate_title":"Bakkt(BKKT)上涨13.8%：这种强势会持续吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BKKT":1,"ISPR":0.9},"content_text":"Bakkt Holdings, Inc. (BKKT) shares soared 13.8% in the last trading session to close at $10.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.1% loss over the past four weeks.\nThe stock benefits from the company's advancements in partnerships across both traditional and digital assets, enhancing its deep liquidity offerings and robust analytics, risk management, pricing, and trade-matching engines.\nThis company is expected to post quarterly loss of $1.10 per share in its upcoming report, which represents a year-over-year change of +76.8%. Revenues are expected to be $640.9 million, up 212.9% from the year-ago quarter.\nEarnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.\nFor Bakkt, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on BKKT going forward to see if this recent jump can turn into more strength down the road.\nThe stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>\nBakkt is part of the Zacks Technology Services industry. Ispire Technology Inc. (ISPR), another stock in the same industry, closed the last trading session 10.2% higher at $6.48. ISPR has returned -9.3% in the past month.\nIspire Technology Inc.'s consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.10. Compared to the company's year-ago EPS, this represents a change of -233.3%. Ispire Technology Inc. currently boasts a Zacks Rank of #4 (Sell).\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nBakkt Holdings, Inc. (BKKT) : Free Stock Analysis Report\nIspire Technology Inc. (ISPR) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481116020"}