Bakkt shares extend climb after agreements with Fiserv, Mastercard

Bakkt Holding (NYSE:BKKT) stock soars 62% in premarket trading after the company announced two separate partnerships with Fiserv (NASDAQ:FISV) and Mastercard (NYSE:MA) on Monday. Shares of BKKT spiked 234% on Monday following the catalysts; just last week the stock was trading in negative territory on a Y/Y basis, as seen in the chart below. Bakkt's (BKKT) pack with Mastercard (MA) enables merchants, banks and fintechs in the U.S. to offer a range of crypto solutions and services. Similarly, it's partnership with Fiserv (FISV) will "enable practical uses of crypto and emerging market classes." Early on Monday, Bakkt stock climbs 14%, perhaps on retail investor interest, bitcoin rise.