EV Exodus: 3 Electric Car Stocks to Ditch Before the Crash
EVgo (EVGO) InvestorPlace·2024-04-08 17:54
U.S. equities have continued to trend downward as investors and market analysts reassess the prospects of a market crash. As of last Friday, the S&P 500 has increased by 9.11% on a year-to-date (YTD) basis, while the Nasdaq has risen 6.91%. These figures are well below where the indices had risen after Q1 wrapped: both had risen above 10% for the year. The burgeoning electric vehicle (EV) market has also seen better days. Slower sales growth and price wars have impacted many EV stocks to buy. The Global X A ...