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Nov. 8, 2021, 11:05 a.m. EST

EVgo, other EV-related stocks at multi-month highs after infrastructure package

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By Claudia Assis

Shares of electric-vehicle charging companies and others related to EVs soared Monday on the heels of the U.S. Representatives late Friday approving a $1 trillion infrastructure bill, a win for the Biden administration. The package has about $7.5 billion to fuel efforts to build a network of electric-vehicle charging stations and other EV charging-related initiatives. ChargePoint Holdings Inc. /zigman2/quotes/214140886/composite CHPT -3.40% rallied more than 9%, on pace for its highest close in four months; EVgo Inc. /zigman2/quotes/221573245/composite EVGO -4.81% jumped more than 14%, on track for its best close in nearly four months; and Volta Inc. /zigman2/quotes/222218899/composite VLTA -4.02% rose nearly 9%, on its way to its highest close since in six weeks.

/zigman2/quotes/214140886/composite
US : U.S.: NYSE
$ 12.50
-0.44 -3.40%
Volume: 8.51M
Jan. 25, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.28 billion
Rev. per Employee
$193,843
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/zigman2/quotes/221573245/composite
US : U.S.: Nasdaq
$ 7.92
-0.40 -4.81%
Volume: 2.15M
Jan. 25, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.20 billion
Rev. per Employee
N/A
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/zigman2/quotes/222218899/composite
US : U.S.: NYSE
$ 4.54
-0.19 -4.02%
Volume: 1.19M
Jan. 25, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$767.18 million
Rev. per Employee
N/A
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