EVgo, Inc. (EVGO) shares surged 36.67 percent to $3.79 during Tuesday's trading after the company reported first-quarter revenue of $75.3 million, up from $55.2 million a year earlier. The net loss narrowed to $26.2 million from $28.2 million in the prior-year quarter, signaling improved financial performance.
The stock opened at $3.10 and has traded between $3.08 and $3.93 today on the Nasdaq. It previously closed at $2.77. Over the past 52 weeks, EVgo shares have ranged from $1.73 to $9.07. Trading volume soared to 14.56 million, well above the daily average of 3.63 million.
For comments and feedback: editorial@rttnews.com