Why Blink Charging's Shares Popped 2,198% in 2020
Shares of electric-vehicle (EV) charger company Blink Charging (NASDAQ: BLNK) jumped an incredible 2,198% in 2020, according to data provided by S&P Global Market Intelligence, as the market went wild on EV charging infrastructure.
Sometimes a stock becomes a market favorite and there's no stopping it. That's what happened to Blink Charging in 2020. Its popularity could actually create a viable path toward it becoming a long-term growth stock.
Image source: Getty Images.
Source Fool.com