EVgo Soars 48% on $2-a-Share Buyout Offer From LS Power; ChargePoint Jumps 10%, Blink Charging Rallies 7%
EVgo (EVGO) surged 48% after LS Power offered $2 per share for its Class A shares. LS Power already owns 56.8% of EVgo's voting power. EVgo operates 1,200 fast charging locations. ChargePoint (CHPT) and Blink Charging (BLNK) also rose. EVgo's Q2 revenue fell 15.7% YoY to $82.65M, with a net loss of $46.34M. The deal's uncertainty keeps EVgo below the offer price.








