Bird Global shares are trading higher after the company announced its purchase of micromobility operator Skinny Labs for $19 million
Portfolio Pulse from Benzinga Newsdesk
Bird Global has announced its acquisition of micromobility operator Skinny Labs for $19 million, leading to a rise in Bird Global's share prices.
September 19, 2023 | 6:46 pm
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Bird Global's acquisition of Skinny Labs for $19 million has led to an increase in its share prices.
The acquisition of Skinny Labs, a micromobility operator, by Bird Global is a strategic move that could potentially expand Bird's market share and improve its financial performance. This news has been positively received by the market, leading to an increase in Bird Global's share prices.
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