Why Blink Charging Stock Just Zipped Ahead 16%

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Investors in electric vehicle (EV) charging network operator Blink Charging (NASDAQ: BLNK) are having a very good day Tuesday, their shares up 15.8% as of 1:30 p.m. EST.

Blink stock is benefiting from a press release it put out earlier this morning, announcing that it has signed an agreement with the City of San Antonio, Texas, naming Blink the city’s public EV-charging infrastructure provider.  

Image source: Getty Images.

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