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Why Blink Charging Stock Crashed Today

·2-min read

Blink Charging (NASDAQ: BLNK) stock tumbled Tuesday, sinking 9.1% as of 12:50 p.m. ET today. It wasn't just the broader market weakness that hit the electric vehicle (EV) charging stock; investors were reacting to Blink Charging's second-quarter numbers that came out yesterday after market close, and they weren't happy to see the company's losses widen. It doesn't matter that Blink Charging's revenue is growing at a blistering pace.