EVgo Inc - EVGO - Share chat

Stock Discussions
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SPAC that had announced a merger with EVgo a US EV charging network.

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Thoughts on this stock?

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Not sure why this keeps dipping. They are all over the states.

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At itā€™s lowest price at the time of writing.

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The stock has been diluted, I think. I donā€™t pretend to understand it entirely but they have registered more stock and thereā€™s something about warrants. Also Tesla has opened up itā€™s super-charging network to non-customers so that would have an impact.

Details here: https://www.fool.com/amp/investing/2021/08/02/why-evgo-stock-tanked-on-monday/

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Will it ever recover?

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This is why it jumped today:

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Nice if that maintains like that.:grin:

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Positive news from the partnership between EVGO and Amazon.

Nearly 20% bounce up today. Been on a bit if a downward trend for past few months. Though. Most markets/indexes have been on that downward trend. Either way. Iā€™m not complaining. Though. Itā€™s come just before I was adding some more funds into these types of stocks in my portfolio ie blink, charge point etc. oh well. That canā€™t be helped. Good news is good news.

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Cannot get head around this stock . Tripled revenue yesterday anf continues its dark spiral downwards what is wrong with US

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I will never own this absolute sh*t share ever again good ridence

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One of a number of new holdings I have speculated on. Good earnings results out todayā€¦see what the market thinks later :crossed_fingers: