BUZZ-Bakkt soars on report of Trump Media takeover

Reuters

2024/11/19

** Shares of crypto custody and trading firm Bakkt Holdings BKKT.N more than double to $29.70 in afternoon trading

** Trump Media and Technology Group DJT.O in talks to buy company in all-stock deal, FT reports

** Trading in stock halted multiple times for volatility

** BKKT, its backer Intercontinental Exchange ICE.N and DJT did not immediately respond to Reuters requests for comment

** Stock had lost ~80% YTD, as of last close

(Reporting by Niket Nishant in Bengaluru)

((Niket.Nishant@thomsonreuters.com))

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