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EV Company With Almost No Revenue Posts 3,000% Gain in 8 Months

  • Blink Charging is soaring amid mania for clean-energy stocks
  • But the money-losing company faces fierce competition
Blink raised $232.1 million though a share offering in January.

Blink raised $232.1 million though a share offering in January.

Source: Blink Charging Co.

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There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America.

It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years.