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The latest announcement is out from Bakkt Holdings, Inc. Class A ( (BKKT) ).
Bakkt Holdings, Inc. announced its intention to use its official X account, @bakkt, as a platform for disclosing material non-public information and complying with Regulation FD. This move encourages investors and stakeholders to monitor the account alongside traditional channels like press releases and SEC filings, potentially impacting how the company communicates with its audience.
The most recent analyst rating on (BKKT) stock is a Hold with a $12.50 price target. To see the full list of analyst forecasts on Bakkt Holdings, Inc. Class A stock, see the BKKT Stock Forecast page.
Spark’s Take on BKKT Stock
According to Spark, TipRanks’ AI Analyst, BKKT is a Neutral.
Bakkt Holdings’ overall score is driven by financial challenges, including profitability and cash flow issues, and a weak valuation. However, positive strategic moves and earnings call sentiment provide some upside potential.
To see Spark’s full report on BKKT stock, click here.
More about Bakkt Holdings, Inc. Class A
Bakkt Holdings, Inc. operates in the financial technology industry, focusing on providing digital asset management services and solutions.
Average Trading Volume: 2,768,781
Technical Sentiment Signal: Sell
Current Market Cap: $360.8M
Learn more about BKKT stock on TipRanks’ Stock Analysis page.