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September 01, 2020 1:43pm
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EVgo stock tumbles after BofA says sell, citing recent EV ‘charging euphoria’ and pending lockup expiry

Shares of EVgo Inc. took a dive Monday, after BofA Securities analyst Ryan Greenwald questioned the recent "charging euphoria" that triggered a near-doubling in the electric-vehicle charging company's stock last week, at a time that investors should be worried about a potential significant amount of shares that could be sold.
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