Why EVgo Stock Blasted 10% Higher This Week
Electric vehicle (EV) charging station specialist EVgo (NASDAQ: EVGO) was all go for investors over the past few days. According to data compiled by S&P Global Market Intelligence, the infrastructure builder's shares motored 10% higher during the week. That rise was powered by a magazine naming the company a top operator in its field and it being the subject of a bullish new analyst note.
Although Newsweek isn't quite the influential, must-read publication it was in years past, it still carries some weight in the media world (and for investors). On Thursday, the publication announced that EVgo is on the list of its "America's Greatest Companies 2025."
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