Bakkt HoldingsNYSE: BKKT

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Bakkt (BKKT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Digital asset marketplace Bakkt is reportedly considering putting itself up for sale. That's according to a Friday (June 7) report from Bloomberg News, citing sources familiar with the matter.

Bakkt (BKKT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) announced today that Ray Kamrath was appointed as the Chief Commercial Officer of Bakkt's crypto business. In this newly created position, Kamrath will report to Andy Main, Bakkt's Chief Executive Officer. “By appointing Ray Kamrath to lead our commercial efforts, Bakkt is doubling down on our commitment to strategic expansion and growth. Ray brings a depth of experience and a proven track record of delivering business results,.

Bakkt is reducing its workforce by laying off 28 employees, or 13% of its non-call center staff, after previously expressing concerns about the company's future. This decision was announced in a securities filing on Friday (May 3).

Bakkt stock has experienced significant volatility lately due to a recent reverse stock split that occurred at the end of last week.

Bakkt Holdings, Inc. (BKKT) Q4 2023 Earnings Call Transcript

Bakkt Holdings, Inc. (BKKT) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $1.52 per share a year ago.

Bakkt Holdings, Inc. reported its fourth-quarter financial results after the bell on Monday. Here's a look at the highlights.