What happened
Shares of Helbiz (NASDAQ:HLBZ) surged on Tuesday after the company announced a streaming partnership with Amazon (NASDAQ:AMZN). By the close of trading, Helbiz’s stock price was up 96.6% after soaring as much as 191.6% earlier in the day.
So what
Helbiz has the global distribution rights to the Serie B, a popular Italian football league. The company struck a three-year deal with Amazon to make its new streaming service available via subscription on Prime Video Channels in Italy.
