Why Blink Charging's Shares Popped 69.3% in December
Shares of Blink Charging (NASDAQ: BLNK) jumped another 69.3% in December, according to data provided by S&P Global Market Intelligence, continuing its incredible run in 2020. Shares have continued to be volatile in the first few days of 2021, however, falling over 10%, only to gain back all of those losses and more at the time of writing.
The month was mostly business as usual for Blink Charging. The company announced some new partnerships and even a new product for street light or utility pole charging. But what fueled the move last month was a stimulus package that should be a boost for renewable energy stocks.
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Source Fool.com
