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Blink Charging Falls 1.91% as Major Indexes Advance
Blink Charging shares closed at $0.55 while the S&P 500, Dow and Nasdaq posted gains; analysts expect revenue to decline in the coming quarter.
Key takeaways
- Blink Charging closed at $0.55, down 1.91%.
- Analysts expect quarterly revenue of $20.92 million, down 22.62% year over year.
Blink Charging closed at $0.55 on Oct. 5, down 1.91% from the prior session. The S&P 500 gained 0.66%, the Dow rose 0.18% and the Nasdaq added 1.05%.
The stock has fallen 4.76% over the past month, while the Computer and Technology sector gained 6.36% and the S&P 500 rose 0.55%, according to the article.
Analysts expect Blink to report a loss of $0.04 per share in its upcoming earnings release. The consensus revenue estimate is $20.92 million, a 22.62% decline from the year-earlier quarter.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
