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.

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Source Fool.com