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

Bakkt’s share price closed trading down over 27% on March 18 after the crypto custody firm shared two major clients weren’t renewing their agreements. 1629 Total views 3 Total shares Crypto firm Bakkt’s share price plummeted over 27% on March 18 after the company revealed that two of its largest clients, Bank of America and Webull, would not be renewing their commercial agreements.In a March 17 regulatory filing, Bakkt said it had received notice of Bank of America not renewing its commercia...

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