Bakkt reports Q3 revenue up 27% YoY to $402.2M and a $23.2M net loss, driven by an accounting charge tied to warrants issued to its investors; BKKT drops 9%+ (Judy Lagrou/Bloomberg)

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Judy Lagrou / Bloomberg:
Bakkt reports Q3 revenue up 27% YoY to $402.2M and a $23.2M net loss, driven by an accounting charge tied to warrants issued to its investors; BKKT drops 9%+  —  Shares of Bakkt Holdings Inc. fell as much as 16% on Monday, after the cryptocurrency trading and technology platform reported a wider loss for the third quarter.

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