Why Helbiz [NASDAQ: HLBZ] Stock is Jumping Today?

Shares of Helbiz, Inc. [NASDAQ: HLBZ] skyrocketed 20.77% at the time of writing on Thursday. The major change in the performance of the firm came after the firm has disclosed that management will take part in the Benzinga Electric Vehicles Conference. The firm has revealed that the conference will be organized virtually on Wednesday, September 22, 2021.

It has been revealed that the chats of the meeting are available to the public planned for 1:15 p.m. Eastern Time as well as a one-on-one meeting format for institutional investors. Management will be made available for one-on-one meetings with institutional investors at the conference.

Helbiz, Inc. [NASDAQ: HLBZ] shares skyrocketed 20.77% as the firm has gained +1.66 at the time of writing on Thursday. Helbiz, Inc’s share price went from a low point around $6.00 to briefly over $25.30 in the past 52 weeks, though shares have since pulled back to $9.65. HLBZ’s market cap has remained high, reaching $235.15M at the time of writing.

Additionally, Helbiz has earned a reputation as a global leader in micro-mobility services. Since its inception in 2015, the firm provides a diverse fleet of vehicles including e-scooters, e-bicycles, and e-mopeds all on one convenient, user-friendly platform in 35 cities around the world. The firm is based in New York City.