Bakkt Holdings' low P/S ratio may be due to expected degrada...
Bakkt Holdings' low P/S ratio may be due to expected degradation in strong revenue performance, suppressing the share price. The company's shrinking revenue outlook contributes to its low P/S. Without significant change, a drastic stock price rise is hard to envision.
Benign Growth For Bakkt Holdings, Inc. (NYSE:BKKT) Underpins Stock's 41% Plummet
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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