Wallbox shares are trading higher after the company announced that its Pulsar Plus EV charger will be available for purchase at Costco stores across the US starting in July. Also, Orilla Asset Management increased its stake in the company to 9.1%.
Portfolio Pulse from Benzinga Newsdesk
Wallbox announced that its Pulsar Plus EV charger will be available for purchase at Costco stores across the US starting in July. Orilla Asset Management increased its stake in Wallbox to 9.1%.
June 29, 2023 | 3:24 pm
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POSITIVE IMPACT
Wallbox's Pulsar Plus EV charger will be sold at Costco stores, potentially increasing its market reach. Orilla Asset Management's increased stake could indicate confidence in the company's future.
The availability of Wallbox's EV charger at Costco stores could significantly increase its sales and market reach. Orilla Asset Management's increased stake in Wallbox could be seen as a vote of confidence in the company's future, potentially attracting more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100