Stock Alert: Blink Charging Shares Spike 50% In Late Trade

(RTTNews) - Shares of Blink Charging Co. (BLNK) jumped 50% in the after-hours trading session on Monday, reflecting a strong rise in volume. Blink's trading volume spiked to 24.3 million compared to an average volume of 508K shares.

On June 25, the Miami Beach, Florida-based electric vehicle or EV charging services provider said it "applauds Apple's announcement earlier this week that the new Apple Maps on iOS14 will include Electric Vehicle (EV) charge routing, which will include routing to Blink charging stations."

The stock has been trading in the range of $1.25 - $4.54 for the past one year, and closed Monday's regular trade at $4.01, up 99 cents or 32.78%. BLNK, further, gained $2.02 or 50.37% in the after-hours trading session.