Shares of Blink Charging fell 10.9% due to concerns about the broader electric vehicle sector following an analyst note highlighting uncertainty about future demand. The negative sentiment affected related stocks, leading to a sell-off. Blink Charging’s shares are highly volatile, with 84 moves greater than 5% in the past year, indicating significant market impact. Meanwhile, strong earnings from Nvidia and a positive September jobs report have boosted the tech sector. Blink Charging is down 15% this year, trading at $1.28 per share. Investors who bought five years ago would now have an investment worth $47.26.
Read more at Barchart: Why Blink Charging (BLNK) Shares Are Getting Obliterated Today
