Why Lithium Americas, QuantumScape, and Blink Charging Stocks Got Destroyed Today
Friday is looking like a lousy day to own unprofitable electric vehicle (EV) stocks. Up and down the supply chain -- from the companies that mine lithium to those that turn lithium into battery packs to those building networks of charging stations -- all EV stocks are tumbling.
And as of 12:30 p.m. ET today, shares of Lithium Americas (NYSE: LAC), QuantumScape (NYSE: QS), and Blink Charging (NASDAQ: BLNK) are all down -- 10%, 10%, and 10.5%, respectively.
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Source Fool.com
