EVgo Stock Slips After Earnings/ Investors Ponder EV Industry Without Trump’s Support. - Barron's
1. EVgo reported a Q4 adjusted EBITDA loss of $8.4 million. 2. Sales increased to $257 million in 2023 from $161 million. 3. EVgo projects sales of $340 to $380 million in 2025. 4. Investor sentiment towards EV charging stocks remains negative. 5. EVgo shares have dropped nearly 60% since the Nov. 5 election.