Streetbeat News

ALLG

Allego N.V.

https://www.allego.eu

Industry

Auto - Parts

Allego N.V. operates as an electric vehicle (EV) charging company. The company offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. The company has approximately 28,000 charging ports in Europe. It also provides Allego EV Cloud, a customer payment tool that offers essential services to owned and third-party customers comprising authorization and billing, smart charging and load balancing, analysis, and customer support. The company was founded in 2013 and is based in Arnhem, the Netherlands.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Allego (NYSE:ALLG) has announced the completion of its voluntary delisting from the NYSE, with August 22, 2024, being the last trading day for its shares. The company remains committed to promoting EV adoption in Europe.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 1:31 pm

Urban Outfitters reported strong Q2 earnings, beating analyst estimates, but its stock fell 11% in pre-market trading. Other stocks like Canadian Solar, Snowflake, and Lufax also saw declines following their earnings reports.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 12:58 pm

Macy's reported weak sales, causing its shares to drop 9.4% in pre-market trading despite beating earnings estimates. Other stocks like JD.com, Sabre, Bitfarms, Emergent BioSolutions, Graphjet Technology, and Allego also saw declines in pre-market trading.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 12:14 pm

Keysight Technologies shares surged 11% in pre-market trading after reporting better-than-expected Q3 results and providing positive Q4 guidance. Several other stocks also experienced significant pre-market movements, including Revelation Biosciences and Anew Medical, which saw substantial gains.

Portfolio Pulse from Avi Kapoor

August 21, 2024 | 9:47 am

Allego (NYSE:ALLG) secures a €20 million loan from the European Bank for Reconstruction and Development (EBRD) to expand its EV charging network in Poland. The project, co-funded by the European Union, aims to install over 200 EV recharging points across 50 locations, enhancing Poland's EV infrastructure.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 7:05 am

Allego N.V. (NYSE:ALLG) announced its voluntary delisting from the NYSE, with the last trading day expected on August 22, 2024. The company will file a Form 25 with the SEC on August 12, 2024, to initiate the delisting process.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 11:07 am

US stocks showed mixed performance with the Nasdaq Composite slightly down. Retail sales in May increased by 0.1%, missing expectations. Energy shares rose, while consumer discretionary shares fell. Notable stock movements include significant gains for Reliance Global Group, Comtech Telecommunications, and NLS Pharmaceutics, while Solidion Technology, DermTech, and Quantum Corporation saw substantial declines.

Portfolio Pulse from Avi Kapoor

June 18, 2024 | 2:11 pm

U.S. stocks traded higher with the Nasdaq Composite surging over 200 points. Key movers included Mustang Bio, Allego N.V., and Aaron's Company, which saw significant gains, while Aerovate Therapeutics, Workhorse Group, and Ovid Therapeutics experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 6:40 pm

Ovid Therapeutics shares dropped 65.7% after Takeda's Skyline study in Dravet syndrome missed its primary endpoint. Other notable stock movements include Interactive Strength, Mustang Bio, Allego, and Scinai Immunotherapeutics among gainers, and Aerovate Therapeutics, Kaival Brands Innovations, and Workhorse Group among losers.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 5:21 pm

U.S. stocks traded mixed with the S&P 500 edging higher. Mustang Bio shares surged 240% on positive clinical trial data, Allego shares rose 127% on a tender offer, and Aaron’s Company shares increased 32% on an acquisition agreement. Aerovate Therapeutics, Workhorse Group, and Ovid Therapeutics saw significant declines.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 4:16 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.