Bakkt stock tumbles nearly 30% after losing Bank of America and Webull

Crypto firm Bakkt’s share price has closed March 18 trading down over 27% after it disclosed that two of it biggest clients, the Bank of America and Webull, won’t renew commercial agreements. In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America not renewing its commercial agreement when the deal expires on April 22. It also disclosed that the brokerage platform... source: https://cointelegraph.com/news/bakkt-tumbles-nearly-30-after-losing-bank-of-america-and-webull?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound