Baktt Shares Soar As Reports Of Trump Media Acquisition Interest Emerge

11/22/2024 11:09:12 PM

(MENAFN- Investor Brand Network) Trump Media, known for operating the Truth Social app, is reportedly in
advanced discussions to acquire
Bakkt, a crypto trading firm, according to sources familiar with the matter.

This news significantly impacted the stock prices of both entities. trump Media's shares saw a sharp rise, gaining double-digit increases shortly after the report was released. By the end of the trading day, the company, listed on the nasdaq under the ticker DJT, recorded a 16% increase in its...

About CryptoCurrencyWire

CryptoCurrencyWire
(“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 70+ brands within the
Dynamic Brand Portfolio
@
IBN
that delivers :
(1) access to a vast network of wire solutions via
InvestorWire
to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ;
(2) article and
editorial syndication to 5,000+ outlets ;
(3) enhanced
press release enhancement
to ensure maximum impact ;
(4)
social media distribution
via IBN to millions of social media followers ;
and (5) a full array of tailored
corporate communications solutions . With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text“CRYPTO” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published:
/Disclaimer

CryptoCurrencyWire
New York, NY

212.994.9818 Office
[email protected]

CryptoCurrencyWire is powered by
IBN

MENAFN22112024000224011066ID1108916530

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.