Blink Charging stock bounces off 2 1/2-year low after U.S. Postal Service contract to buy up to 41,500 EV charging stations

Shares of Blink Charging Co.

bounced 2.7% in morning trading Thursday, after closing the previous session at a 2 1/2-year low, after the electric vehicle charging equipment maker said it was award a contract to sell up to 41,500 EV chargers to the U.S. Postal Service . “The Postal Service’s recent announcement of purchasing more EVs and building the necessary charging infrastructure is another step in developing a complete transition in going electric,” said Blink Chief Executive Michael Farkas.

bounced 2.7% in morning trading Thursday, after closing the previous session at a 2 1/2-year low, after the electric vehicle charging equipment maker said it was award a contract to sell up to 41,500 EV chargers to the U.S. Postal Service . “The Postal Service’s recent announcement of purchasing more EVs and building the necessary charging infrastructure is another step in developing a complete transition in going electric,” said Blink Chief Executive Michael Farkas.

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