EVgo rises 10% and Blink Charging gains 6% as ChargePoint falls 5% in U.S. trading rotation
By Eve
EVgo stock climbed 10% to $1.39 and Blink Charging advanced 6% to $0.56 in afternoon trading, while ChargePoint declined 5% to $9.66, reversing the pattern from September when ChargePoint outperformed both rivals. The moves occurred as the S&P 500 gained 0.7%, with EVgo and Blink outpacing the broader market. The shift represents a rotation within the small cluster of U.S. listed EV charging stocks.
Why it matters
The divergent performance among the three major U.S. listed charging operators signals shifting investor sentiment within the sector, potentially reflecting differing views on near term execution or contract momentum. For procurement teams tracking public market signals, the rotation away from ChargePoint after its September strength may indicate changing expectations around competitive positioning or financial performance.
Source
- Original title
- “EVgo Jumps 10% and Blink Charging Climbs 6% as ChargePoint Slides 5%”
- Published
- 2 October 2026
- Updated
- 3 October 2026
In this story
- Topic
- EV Charging
- Place
- United States
- Tags
- EVgo · Blink Charging · ChargePoint
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