Helbiz rises on stock purchase by CEO

micromobility.com

07/06/2022 10:47

** Shares of Helbiz Inc  HLBZ.O  jump 36% to $1.26 in
premarket trading
    ** HLBZ said on Monday CEO Salvatore Palella purchased about
2 mln shares of Class A Common stock from a seller for ~$2.02
mln  urn:newsml:reuters.com:*:nBw8LmJgNa
    ** The deal represents about 6% of co's common stock
    ** As of last close, HLBZ down ~83% this year 

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))