Why Blink Charging, EVgo, and ChargePoint Stocks All Crashed Today
Call it the charge-pocalypse: On Friday morning, shares of three of the biggest publicly traded companies engaged in the business of operating electric car charging networks tumbled in unison. As of 1 p.m. ET, Blink Charging (NASDAQ: BLNK) stock is down 10.2%, rival ChargePoint Holdings (NYSE: CHPT) is losing 13.5%, and EVgo (NASDAQ: EVGO) is leading the pack lower with a 13.7% loss.
You can blame for all of this.
Oh, and Ford, General Motors, and ... potentially Stellantis as well.
Source Fool.com