Micromobility.com Shares Drop 22% After Plan to Exit Some U.S., Europe Markets

By Chris Wack

Micromobility.com shares were down 22% to 21 cents after the company said it has decided to exit several key markets in the U.S. and Europe, and concentrate on markets that have the potential for near-term self-sustainability.

The stock hit its 52-week low of 17 cents on June 1, and is down 99% in the past 12 months.

The…