Why EVgo Stock Surged by More Than 15% This Week
EVgo (EVGO) The Motley Fool·2024-02-16 16:12Given how precipitously shares of EVgo (EVGO -2.26%) have fallen in recent months, this week's rally in the electric vehicle (EV) charging stock may have caught many by surprise. EVgo's share price surged by 16.5% at its highest point in trading this week through 10 a.m. ET Friday, according to data provided by S&P Global Market Intelligence.EVgo's revenue is growing steadilyEVgo last reported quarterly numbers in November, and they were impressive. Revenue surged by 234% year over year to $35.1 million in ...