Bakkt up 17% after Monday's surge on report of Trump Media takeover
19/11/2024 10:08
** Shares of crypto custody and trading firm Bakkt Holdings
BKKT.N gain 17% premarket after Monday's 162.5% rise
** Trump Media and Technology Group DJT.O 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))