Shares of digital asset platform Bakkt Holdings, Inc. (BKKT) are falling 27 percent on Thursday's trading despite there being no news to impact the stock.
Bakkt Holdings is a digital asset marketplace that enables consumers to buy, sell, store and spend digital assets. The digital asset market includes cryptocurrencies, gift cards, loyalty points and miles. Its consumer offerings include cryptocurrency trading platform, track and convert rewards, spend payments, manage and buy gift cards and Bakkt application.
Currently at $9.90, the stock has traded between $8.00 and $50.80 during the past 52 weeks.
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