Why ChargePoint Holdings, Blink Charging, EVgo, and Volta Shares Plummeted Then Rebounded Today
ChargePoint Holdings (NYSE: CHPT), Blink Charging (NASDAQ: BLNK), EVgo (NASDAQ: EVGO), and Volta (NYSE: VLTA) were down by as much as 15.2%, 12.1%, 12.4%, and 13%, respectively. With plenty of risk factors already weighing on the market, indications that Russia could soon invade Ukrainian territory prompted investors to rapidly move out of stocks early in the day's trading.