- Helbiz Inc (NASDAQ:HLBZ) plans to launch its operations in Orlando, Florida, in July.
- The company will launch its newest e-bike model, featuring GPS technology, which can find out no-ride zones and automatically slows riders down in designated areas.
- The permit granted is for up to 400 e-bikes.
- The e-bikes will be available starting mid-July in Downtown Orlando. Riders can unlock the e-bikes for $1 and then 39 cents per minute.
- “These lightweight bikes are a great, safe addition to our micro-mobility fleet,” said CEO Salvatore Palella.
- Price Action: HLBZ shares are trading higher by 3.27% at $0.67 on the last check Friday.
- Photo Via Company
Dow Turns Lower; Fed Keeps Rates Unchanged
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling around 1.5% on Wednesday.
The Dow traded down 0.21% to 38,384.83 while the NASDAQ fell 1.53% to 15,272.34. The S&P 500 also fell, dropping, 1.02% to 4,874.63.
