EVGo Stock Is Soaring. Charging Stocks Aren’t All Alike.
J.P. Morgan believes there is an opportunity in electric-vehicle charging stocks. Investors have to just pick the right ones. Thursday, J.P. Morgan analyst Bill Peterson upgraded shares of EVgo to Buy from Hold,
EVgo Stock Soars on Government Loan, JPMorgan Upgrade
EVgo shares jumped 50% Thursday after the company received a conditional $1.05 billion loan guarantee from the Department of Energy to install public EV charging stations.
Why EVgo Stock Was Soaring Nearly 50% Thursday
The stock has gained half of that upside this morning when, right on cue with Peterson's report, EVgo announced it received a committment from the U.S. Department of Energy (DOE) for a $1.05 billion loan to accelerate the buildout of the nation's EV charging network.
EVgo's stock soars to the top of Nasdaq's gainers list after DOE loan deal
Shares of EVgo were rocketing 56.4% in recent trading toward a 17-month high, enough to make them the Nasdaq exchange's biggest gainer. Trading volume was exploding to 104.8 million shares, compared with the full-day average over the past 30 days of just 2.
EVgo gets a $1.05B DOE loan for 7,500 DC fast chargers
EVgo has received a conditional commitment for a $1.05 billion US Department of Energy loan to build around 7,500 DC fast chargers.
EVgo Stock Charges Up After Bull Note
EVgo (EVGO) stock is higher, following a bull note from J.P. Morgan Securities to to "overweight" from "natural"
EVgo gets $1.05B loan to build 7,500 DC fast chargers
Since the federal government is already spending billions on a network of DC fast chargers along highway corridors, EVgo is ...
EVgo Surges After Securing $1.05 Billion Government Loan Pledge
Shares of EVgo jumped more than 30% after the charging startup got a $1.05 billion loan commitment from the Energy Department ...
These Stocks Are Moving the Most Today: EVgo, Levi Strauss, Humana, Hims & Hers, Nvidia, Tesla, Vistra, and More
EVgo stock surges after the company receives a $1 billion Energy Department loan commitment, Levi Strauss tumbles after ...
EVgo Receives Conditional Commitment for DOE Loan Guarantee of up to $1.05 Billion to Accelerate Buildout of Public Fast Charging Across the U.S.
EVgo Inc. announced it has received a conditional commitment for a loan guarantee of up to $1.05 billion of debt financing ...
EVgo Vs. ChargePoint: Analyst Verdict On Which Stock Leads The EV Charging Race?
EVgo is outperforming ChargePoint in the EV charging market. EVgo's scalable model and higher utilization make it a top pick.
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DOE rolls out $1 billion loan guarantee to expand EVgo charging network
Financial assistance to help utility giant Constellation Energy restart a nuclear unit at Three Mile Island is also under ...
EVgo's $1B DoE Loan Sets Company Up to Grow, Analysts Say -- Market Talk
ET - EVgo's $1.05 billion loan from the U.S. Department of Energy will provide the company with capital to accelerate its deployments, grow its market share and increase its earnings before interest, ...