Blink Charging shares are trading lower in sympathy with ChargePoint, which fell after reporting worse-than-expected second-quarter results.
Portfolio Pulse from Benzinga Newsdesk
Blink Charging's stock price is falling in sympathy with ChargePoint, which reported worse-than-expected Q2 results.
September 07, 2023 | 2:40 pm
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NEGATIVE IMPACT
Blink Charging's shares are trading lower due to ChargePoint's disappointing Q2 results.
Blink Charging's stock price is falling due to the poor performance of ChargePoint, a company in the same industry. This suggests that investors may be concerned about the overall health of the electric vehicle charging sector.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100