Why Blink Stock Flashed 23.5% Higher Just Now
Even if you blinked, you cannot have missed this one: Blink Charging (NASDAQ: BLNK), the Florida start-up that's working to build its own network of electric-car charging stations, is up 23.5% as of 10:30 a.m. EDT after announcing a new charging partnership...in Greece.
Blink broke the news this morning: In cooperation with Eunice Energy Group and Nissan Nik. I. Theocharakis S.A., Blink is forming a three-way joint venture "for the development and promotion of e-mobility in Greece." As part of this deal, there will be "formal cooperation at Nissan dealerships and authorized partners throughout the country with the deployment of Blink chargers," including the sale of electric vehicle chargers that Nissan customers can install at their home at "preferential pricing packages."
Image source: Getty Images.
Source Fool.com
