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Thursday, August 20, 2020

Blink Charging (BLNK) falls amid bearish reports


Blink Charging issues statement in response to market activity in its common stock and publication of anonymous reports

  • The company has become aware of "false, defamatory, and anonymous reports" posted on August 19. The company states, "We believe these 'reports' were intended to manipulate our stock price downward in support of short sellers. Blink Charging categorically denies the allegations and their implications."
  • "Blink Charging will defend itself vigorously against these false allegations and is also reviewing all legal options at its disposal to hold the author(s) and the sponsors of these reports responsible for the baseless attack, which has, as of this press release, caused its stock to decrease. [...] We stand by the data provided and described in detail in our public filings, and we urge all investors to review those filings."
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