Blink Charging Shares Rise on Long-Term Contract with Sourcewell

Blink Charging shares rose after the company announced a long-term contract with Sourcewell to provide EV charging equipment and services to over 50,000 public sector organizations in the US. The deal, which runs until 2029, could accelerate municipal and educational EV charging rollouts. The stock has been volatile, with 83 moves greater than 5% over the last year. Investors are cautious due to a market rotation and delayed economic reports.