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

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 -0.86% rallied more than 9%, on pace for its highest close in four months; EVgo Inc. /zigman2/quotes/221573245/composite EVGO -4.73% jumped more than 14%, on track for its best close in nearly four months; and Volta Inc. /zigman2/quotes/222218899/composite VLTA +0.41% rose nearly 9%, on its way to its highest close since in six weeks.

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ChargePoint Holdings Inc.

US : U.S.: NYSE

$ 9.26

-0.08 -0.86%

Volume: 5.53M

March 20, 2023 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$3.19 billion

Rev. per Employee

$325,971

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EVgo Inc. Cl A

US : U.S.: Nasdaq

$ 5.24

-0.26 -4.73%

Volume: 1.25M

March 20, 2023 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$1.46 billion

Rev. per Employee

$152,907

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Add to watchlist VLTA

Volta Inc.

US : U.S.: NYSE

$ 0.86

+0.0035 +0.41%

Volume: 2.34M

March 20, 2023 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$148.60 million

Rev. per Employee

$142,283