Bakkt Holdings shares are trading lower after the company reported worse-than-expected Q2 EPS results and cut its FY24 crypto revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Bakkt Holdings shares are trading lower after the company reported worse-than-expected Q2 EPS results and cut its FY24 crypto revenue guidance.
August 14, 2024 | 7:05 pm
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Bakkt Holdings shares are trading lower due to worse-than-expected Q2 EPS results and a reduction in FY24 crypto revenue guidance.
The disappointing Q2 EPS results and the reduction in FY24 crypto revenue guidance are likely to negatively impact investor sentiment and lead to a short-term decline in Bakkt Holdings' stock price.
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IMPORTANCE 80
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