Why Is Blink Charging (BLNK) Stock Up 30% Today?

Having struggled since early 2021, electric vehicle (EV) charging company Blink Charging (NASDAQ:BLNK) is popping up sharply today on some much-needed positive news. Specifically, the company’s preliminary sales results blew the doors off Wall Street’s target, setting a new company record. Now, BLNK stock is up 30%. Still, the smart money appears to be remaining cautious.According to Barron’s, for the fourth quarter of 2023, Blink believes its sales should exceed $42 million. If so, that figure would leap p ...