Bakkt Holdings shares are trading lower after the company reported Q1 financial results and cut its FY24 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Bakkt Holdings shares are trading lower after the company reported Q1 financial results and cut its FY24 revenue guidance.
May 16, 2024 | 2:56 pm
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NEGATIVE IMPACT
Bakkt Holdings shares are trading lower following the release of Q1 financial results and a reduction in FY24 revenue guidance.
The reduction in FY24 revenue guidance and the Q1 financial results have negatively impacted investor sentiment, leading to a drop in Bakkt Holdings' share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100