Bakkt Holdings, Inc. (BKKT) shares are sliding more than 16 percent on Tuesday morning trade after losing an initial momentum from the debut trading on NYSE on October 18.
Today, the company announced a strategic partnership with Fiserv Inc. for use of crypto assets for expansive capabilities, including the ability to move funds into and out of mobile wallets, with Bakkt's digital asset platform.
Currently, BKKT shares are at $25.82, down 17.03 percent from the previous close of $30.60 on a volume of 49,533,888. For the 52-week period, the shares have traded in a range of $8.00-$37.49 on average volume of 36,073,433.
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