EVGO INC (EVGO) Stock News
NASDAQ:EVGO - Nasdaq - US30052F1003 - Common Stock - Currency: USD
EVGO Latest News, Press Relases and Analysis
3 Industrials Stocks in the Doghouse
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the industry’s six-month return of 8.6% has fallen short of the S&P 500’s 11.3% rise.
Tariffs, Trade Wars, Tesla's Dilemma: Is The EV Boom Hitting A Roadblock?
Tariffs on Canadian and Mexican auto imports could raise car prices by $3,000, while tariffs on Chinese graphite may impact EV makers. Higher costs could slow EV growth in the US.
EVgo Could Beat the Market, Here's How
The industry is high growth, and some of its funding questions have been answered. But there's more that needs to go right.
EVgo Has 1 Big Problem to Solve
ChargePoint Stock: Buy, Sell, or Hold?
The EV infrastructure company needs to overcome a lot of near-term challenges.
Reflecting On Renewable Energy Stocks’ Q3 Earnings: EVgo (NASDAQ:EVGO)
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the renewable energy stocks, including EVgo (NASDAQ:EVGO) and its peers.
3 Promising Penny Stocks to Watch for Long-Term Gains in 2025
Analysts expect 2025 to be a strong year for small-cap stocks, including penny stocks; here are three of the best penny stocks to buy for long-term gains
EVgo Receives First Drawdown from $1.25 Billion Loan Guarantee
Why Tesla Stock Jumped in December While EV Charging Stocks Tanked
Tesla (NASDAQ: TSLA) CEO Elon Musk bet on Donald Trump winning the November election, and investors jumped on the Tesla bandwagon after discovering he bet right. The election results helped drive Tesla shares sharply higher to end the year. ChargePoint Holdings (NYSE: CHPT) and EVgo (NASDAQ: EVGO) shares slid 12.3% and 37.8%, respectively.
Why EVgo Stock Crashed 27% Today
EVGo (NASDAQ: EVGO) stock tumbled 27% through 10:05 a.m. ET Tuesday after the operator of charging stations for electric vehicles announced last night that EVgo Holdings, LLC, will sell at least 23 million new shares of common stock (and perhaps as many as 26.5 million) in a secondary offering. To its credit, EVgo made this clear in a press release, noting, "EVgo Holdings, LLC [is] an affiliate of LS Power Equity Partners IV, L.P.," a shareholder of EVgo proper -- so for clarity, from here on I'll be referring to EVgo Holdings as "the insider."
Why Is Fast Charging Network EVgo Stock Plunging Today?
EVgo Inc. (NASDAQ:EVGO) shares are trading lower in premarket trading following the announcement of the pricing of a secondary public offering. The previously announced offering by EVgo Holdings, an affiliate of LS Power Equity Partners IV, involves 23 million shares of EVgo’s Class A common stock priced at $5.00 per share. Additionally, LS Power has granted underwriters a 30-day option to purchase up to 3.45 million more shares at the same price. Notably, EVgo itself is not selling any shares,
EVgo Inc. Announces Pricing of Secondary Offering of Class A Common Stock
EVgo Inc. Announces Secondary Offering of Class A Common Stock
EVgo Gets DOE Loan To Triple Network Without Issuing Shares; Stock Rises Near Buy Point
EVgo stock jumped near a buy point after finalizing a Department of Energy loan that will finance construction of 7,500 EV charging stalls.