Bakkt Stock Price Plunges 35% After Losing Two Major Clients, US Bank and Webull Pay

Blockbeats

03-18

BlockBeats News, March 18th, Cryptocurrency exchange and custody company Bakkt Holdings (BKKT) revealed that Bank of America (BAC) and Webull Pay have both decided not to renew, causing the stock price to plummet 35% in after-hours trading on Monday to $12.83. According to the agreement, Bank of America's contract will end on April 22nd, while Webull's partnership will conclude on June 14th. Furthermore, Bakkt has applied to the U.S. Securities and Exchange Commission (SEC) for an extension to file its 2024 annual report.

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According to the agreement, Bank of America's contract will end on April 22nd, while Webull's partnership will conclude on June 14th. 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According to the agreement, Bank of America's contract will end on April 22nd, while Webull's partnership will conclude on June 14th. Furthermore, Bakkt has applied to the U.S. Securities and Exchange Commission (SEC) for an extension to file its 2024 annual report.</p></div></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.theblockbeats.info//en/flash/285954\">Blockbeats</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.theblockbeats.info//en/flash/285954","article_id":"2520680134","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520680134","pubTimestamp":1742251620,"columns":[],"sourceInfo":{"source_id":"theblockbeats_live","name":"Blockbeats快讯"},"weMediaInfo":null,"summary":"BlockBeats News, March 18th, Cryptocurrency exchange and custody company Bakkt Holdings  revealed that Bank of America  and Webull Pay have both decided not to renew, causing the stock price to plummet 35% in after-hours trading on Monday to $12.83. 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