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-0.000124968757810534 -0.000124968757810534 0.000249937515621206 0.000249937515621206 -0.00162459385153708 -0.0166208447888028 -0.00949762559360153 -0.0137465633591601
Stock impact report

Why Blink Charging (BLNK) Stock Is Down Today [Yahoo! Finance]

Blink Charging Co. (BLNK) 
Last blink charging co. earnings: 8/14 04:26 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.blinkcharging.com
Company Research Source: Yahoo! Finance
pricing of a public offering of 26,666,666 shares of its common stock at $0.75 per share. The move to issue new shares, which aimed to raise approximately $20 million, often concerns investors because it can dilute the value of existing shares. When a company increases its total number of shares, each individual share represents a smaller piece of ownership. Blink Charging stated its intention to use the funds from the offering primarily to expand its DC Fast Charging network and for general working capital. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Blink Charging? Access our full analysis report here Blink Charging's shares are extremely volatile and have had 87 moves greater than 5% over the last year. But moves this big are rare even for Blink Charging and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 4 Show less Read more
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