HLBZ - Helbiz surges as it launches e-bikes and e-scooters in Miami Lakes FL

Helbiz (NASDAQ:HLBZ) shares jump as the company announces that it will deploy a fleet of innovative e-scooters and e-bikes in Miami Lakes after securing a 1-year permit. The project calls out for the integration of multiple types of devices. Helbiz will hold community engagement initiatives across Miami Lakes throughout the duration of its permit including safety events and a local Helbiz Apprenticeship Program aimed at low-income residents. Shares are up 4.48% before the market opens. Read why SA contributor Marco Brecciaroli believes that Helbiz has bad economics and is "overhyped."

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Helbiz surges as it launches e-bikes and e-scooters in Miami Lakes, FL