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Why Blink Charging's Stock Jumped 11% in October and Continues to Rise


After plunging 12% in September, shares of Blink Charging (NASDAQ: BLNK), a company dedicated to developing EV-charging infrastructure, rebounded strongly in October and climbed 11.2%, according to data from S&P Global Market Intelligence.

While the company's announcements regarding two deals electrified some investors' optimism last month, the stock's recent gains can be attributed to the passage of the infrastructure bill.

Image source: Getty Images.

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Source Fool.com

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