What Happened? Shares of EV charging infrastructure provider Blink Charging (NASDAQ:BLNK) fell 10.3% in the afternoon session ...
Blink Charging shares are sliding after the company priced a $20 million stock offering, adding pressure to an already beaten-down stock.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...
The latest update is out from Blink Charging Co ( (BLNK) ).
These figures pointed to significant underlying business challenges, which likely outweighed the optimism from the new product line and contributed to the stock's decline. Blink Charging is up 5.7% ...
Blink Charging's stock price has been softening in recent months, in line with the lacklustre performance of the EV sector. Its revenue growth forecasts for 2024 aren't encouraging either, though ...
The global shift toward sustainable energy solutions is driving the adoption of electric vehicles (EVs). While Tesla (NASDAQ:TSLA) has long been the market leader, as the EV market expands, many new ...