Why Blink Charging Shares Jumped After Earnings

Blink Charging's (NASDAQ: BLNK) stock raced out of the gate Wednesday morning after the company reported its second-quarter earnings. After spiking more than 17%, though, shares of the electric vehicle (EV) charging equipment and services provider pared some of those gains. 

As of 10:40 a.m. ET, Blink shares were higher by 8.1%. Though that's still nearly 40% below where they started 2023. 

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Source Fool.com