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Seeking Alpha 2021-10-29 19:37:01

Bakkt shares grind higher by 50% just days after its ultra rally

Bakkt Holdings (NYSE:BKKT) stock soars 50% intra-day following a mega rally that took place earlier this week Shares of BKKT are elevated by 180% just in the past five sessions after the company announced two separate partnerships with Fiserv (NASDAQ:FISV) and Mastercard on the same day. The new partnerships are expected to increase cryptocurrency access to consumers. Since then, the stock traded in a range of $20 to $32 until it broke out of that channel on Friday with nearly 60M shares backing the move. Previously, (Oct. 25) Bakkt teams up with Mastercard.

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