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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.

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FAQ

Why Bearish?

A 60% drop in stock price indicates severe market negativity, often lasting.

How important is it?

The article details EVgo's financials amid negative industry sentiment, impacting prices.

Why Short Term?

Immediate investor sentiment impacts prices, though long-term prospects remain.

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