Why Rivian, QuantumScape, and Blink Charging Jumped Today [Yahoo! Finance]
Blink Charging Co. (BLNK)
Last blink charging co. earnings: 8/14 04:26 pm
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Source: Yahoo! Finance
It appears EVs will once again be a topic of intense debate during the presidential campaign, which depending on your view could be good for EV stocks. Shares of Blink Charging (NASDAQ: BLNK) jumped as much as 10% in trading today, QuantumScape (NYSE: QS) was up 6.2%, and Rivian (NASDAQ: RIVN) rose 5.9% at its peak. The stocks closed the day up 5.8%, 1.4%, and 6.5%, respectively. Protectionism and EVs The U.S. government said tariffs of 100% on imported Chinese EVs will take effect on Aug. 1 after changes were made to the tariffs on everything from batteries to semiconductors. The tariffs are being put in place to protect U.S. automakers like Rivian, which are trying to build up domestic supply. Batteries will also get a 7% to 25% tariff for imports coming from China, which could hurt some manufacturers who import product. But it would help QuantumScape bolster its demand within the U.S. Blink Charging doesn't seem to have any significant catalyst outside of reporting that M
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News
- Blink Charging Achieves “In Process” FedRAMP® Status to Provide Cloud-Based EV Charging Solutions Across U.S. Government [Yahoo! Finance]Yahoo! Finance
- Blink Charging Achieves “In Process” FedRAMP® Status to Provide Cloud-Based EV Charging Solutions Across U.S. GovernmentGlobeNewswire
- Blink Charging CEO, Brendan Jones, to Present at the J.P. Morgan 2024 Energy, Power & Renewables ConferenceGlobeNewswire
- Blink Charging Co. (NASDAQ: BLNK) had its price target lowered by analysts at UBS Group AG from $7.00 to $4.50. They now have a "buy" rating on the stock.MarketBeat
- BYD's Official Dealership in Mexico, Owned and Operated by Grupo Fame, Selects Blink Charging for EV Charging Products and Services [Yahoo! Finance]Yahoo! Finance
BLNK
Earnings
- 5/9/24 - Beat
BLNK
Sec Filings
- 6/3/24 - Form 4
- 6/3/24 - Form 4
- 6/3/24 - Form 4
- BLNK's page on the SEC website