Bakkt Up Early After Director Buys $4.85M in Shares
Bakkt, Inc. shares jumped before the New York open Tuesday after a U.S. insider-ownership filing said director Michael Alfred’s investment vehicle picked up about $4.85 million worth of stock. Bakkt is shifting focus to stablecoin payments and wants to keep investors interested as it does. The jump came before the regular NYSE trading day, which opens at 9:30 a.m. ET, during pre-market hours when trading is thinner.