Helbiz follows Genius Group and Investigates Potential Illegal Trading of Stock

(24/7 MARKET NEWS) – Helbiz (NASDAQ: HLBZ) stated that its Board of Directors is examining measures to address the alleged illegal short selling of its stock. The move follows Genius Group’s (NYSE American: GNS) announcement that it created a comprehensive action plan to address this issue.

Helbiz is trading at $0.23, up $0.1069 (86.83%), on 60 million shares.

Its 52-week range is $0.1105 to $4.60. If it can take out the 33 and 53-cent resistance, it’s setup is favorable for a potential run to much higher levels.

To view the original Helbiz press release with multimedia: https://www.businesswire.com/news/home/20230120005267/en/

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