Beam Global Awarded GSA Contract for Electric Vehicle Charging Services

On November 18, Beam Global (BEEM) announced that it received a General Services Administration (GSA) Multiple Award Schedule (MAS) Contract. Federal agencies can purchase Electric Vehicle (EV) ARC™ solar EV Charging infrastructure products on the GSA Advantage!® site. Beam Global is the leading provider of innovative sustainable technology for EV charging.


Sonal alerted its subscribers about the news event at 8:00 am. The next trade took place at 8:05 am for $19.88. Beam’s stock price moved above $22.50 on the event day and continued to increase over the next four trading sessions. Beam’s stock closed at $31.04 on November 25 with a five-day gain of 56%.


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