The electric vehicle charging stock could skyrocket if this happens.
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This charging stock has been under heavy pressure lately amid concerns over the fate of EV tax credits.
Shares of electric vehicle stocks started off on the right foot this week after reports emerged that President Trump's administration will look to lessen regulatory burdens for autonomous driving. It's...
Renewable Energy Stocks Q3 In Review: SolarEdge (NASDAQ:SEDG) Vs Peers
Shares of electric vehicle (EV) charging network EVgo (NASDAQ: EVGO) were surging again on Wednesday, a day after the company's upbeat third-quarter earnings report.
Revenue for the quarter came in at $67.5 million, surpassing the consensus of $65.95 million, while network throughput saw a massive 111% year-over-year growth.
EVgo’s (NASDAQ:EVGO) Q3: Beats On Revenue, Stock Soars
Could the stock for this out-of-favor EV charging company bounce back in the future?
However, retail sentiment remains in sync with rising short interest for only a couple of these stocks.
A new presidential administration could bring headaches for renewable energy.