Blink Charging shares soar 27% after Whole Foods partnership announced

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Blink Charging shares skyrocket 80% after Whole Foods partnership announced

Blink Charging Co. shares soared 80% in early Monday trading after the company announced a partnership with Amazon.com Inc.’s Whole Foods Market. Blink Charging is an owner, operator and provider of electric vehicle (EV) charging stations. Blink will add charging stations to three Whole Food locations in Pennsylvania – in Lancaster, Spring House and Exton – and the stations will be part of new stores when they open. Any customer with an EV will be able to use the charging stations. Blink Charging shares are down 56.4% for the year to date, Amazon shares are up 36.8% for the period, and the S&P 500 index is up 0.2% for 2018 so far.

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