• Like
  • Comment
  • Favorite

BUZZ-Bakkt up 17% after Monday's surge on report of Trump Media takeover

Reuters11-19

** Shares of crypto custody and trading firm Bakkt Holdings

gain 17% premarket after Monday's 162.5% rise

** Trump Media and Technology Group is in advanced talks to buy Bakkt, the Financial Times reported on Monday

** Monday's gains added $659.9 million to Bakkt's market cap, which now stands at $1.1 billion

** It traded about 1,171.9% of its 30-day moving average full-day volume of 534,000 shares

** Stock down 46.7% YTD

** Trump Media down 5.8% premarket

(Reporting by Joao Manuel Mauricio)

((JoaoManuel.VicenteMauricio@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial