Why Helbiz Stock Delivered Scorching Gains to Investors Today

Shares of Helbiz (NASDAQ: HLBZ) surged on Tuesday after the company announced a streaming partnership with Amazon (NASDAQ: AMZN). By the close of trading, Helbiz's stock price was up 96.6% after soaring as much as 191.6% earlier in the day. 

Helbiz has the global distribution rights to the Serie B, a popular Italian football league. The company struck a three-year deal with Amazon to make its new streaming service available via subscription on Prime Video Channels in Italy.

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Source Fool.com