Why Bakkt Stock Saw Wild Volatility on Tuesday
Shares of Bakkt Holdings (NYSE: BKKT) traded with extreme volatility on Tuesday. The stock initially soared 22.9% and then sank by as much as 28.8%. It finished the session down by 22.3% -- though still far above where it ended last week's trading.
The crypto derivatives provider attracted a lot of attention from traders following news Monday morning that it had partnered with Mastercard (NYSE: MA) to help merchants, banks, and financial technology companies in the U.S. to offer cryptocurrency solutions and services.
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Source Fool.com
