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NASDAQ:BKKT 12 January 2026

Bakkt stock jumps as BKKT strikes DTR stablecoin deal, sets Jan. 22 rebrand and March Investor Day

Bakkt stock jumps as BKKT strikes DTR stablecoin deal, sets Jan. 22 rebrand and March Investor Day

Bakkt Holdings shares surged 13.5% to $18.48 midday after announcing it will acquire stablecoin payments firm DTR in an all-stock deal, issuing about 9.13 million shares, or 31.5% of its fully diluted count. CEO Akshay Naheta is DTR’s main owner. The company will rebrand as “Bakkt, Inc.” on January 22. Investor Day is set for March 17 at the NYSE.

Stock Market Today

  • Vital Farms (VITL) Shares Drop 1.39% Amid Market Decline Ahead of Earnings
    March 20, 2026, 7:40 PM EDT. Vital Farms (VITL) shares slid 1.39% to $31.98, underperforming the S&P 500's 0.29% dip. Despite this, the stock gained 4.75% over the past month, outpacing the Consumer Staples sector's 3.54% rise. Investors eye upcoming earnings, with an EPS forecast of $0.14, up 40% year-over-year, and projected revenue of $142 million, up 28.6%. Full-year estimates show expected EPS of $1.11 and revenue near $595.7 million, increases of 88.1% and 26.3%. Vital Farms holds a Zacks Rank of #3 (Hold) with a forward price-to-earnings (P/E) ratio of 29.35, reflecting a premium to its industry's average of 18.42. The consumer staples industry's strong Zacks Industry Rank at 90 places it in the top 36% of sectors, driving investor interest ahead of earnings.
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