Why Blink Charging Stock Got Zapped Again
Shares of electric-vehicle charging network Blink Charging (NASDAQ: BLNK) were down sharply again in early trading on Friday. Blink's stock began sliding on Wednesday morning, when a short-selling firm released a blistering note alleging that the company has exaggerated the size of its network.
As of 11 a.m. EDT, Blink's shares were down about 11.1%. The stock has lost about 25% of its value since the note was published.
Image source: Blink Charging.
Source Fool.com