EVgo Stock Slips After Earnings as Investors Ponder an EV Industry Without Trump's Support
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EVgo reported a fourth-quarter Ebitda loss of $8.4 million on sales of nearly $68 million, slightly better than Wall Street's expectations of an $8.7 million loss on $69 million in sales. The stock slipped as investors consider the EV industry's future without Trump's support.
March 04, 2025 | 12:45 pm
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EVgo's Q4 results showed a smaller-than-expected Ebitda loss, but sales were slightly below expectations. The stock declined as investors are concerned about the EV industry's future without political support.
EVgo's financial results were close to expectations, with a slightly better Ebitda loss but lower sales. The stock's decline is likely due to broader concerns about the EV industry's future without political support, which could impact investor sentiment negatively.
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