Bakkt stock plunges as BofA, Webull drop deals; Q4 earnings call rescheduled

Bakkt Holdings (NYSE:BKKT) shares plummeted 37% in Monday after-hours trading after disclosing that Bank of America (NYSE:BAC) will not renew its commercial agreement with the crypto platform when it expires on April 22.

BofA (NYSE:BAC) accounted for about 17% of Bakkt’s (