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Cannabis Countdown: Top 10 Marijuana And Psychedelic Stock News Stories Of The Week
Only seven stocks — out of about 2,700 that are worth at least $1 billion — have risen more over that time.
The reason: Blink is a green-energy company, an owner and operator of charging stations that power up electric vehicles.
The stock prices of companies in the space are not,” said Erik Gordon, an assistant professor at University of Michigan’s Ross School of Business.
On Jan. 12, after shares rallied to records, he sold $22 million of stock, according to Bloomberg data.
Farkas’s total compensation, including stock awards, totaled $6.5 million from 2016 to 2019, equivalent to more than half the company’s revenue.