Blink Charging, Company With Almost No Revenue Posts 3,000% Gain In 8 Months, Beats Tesla
Blink is an owner and operator of charging stations that power up electric vehicles 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. And yet a hot stock it is. Investors have bid Blink's share price up 3,000 per cent over the past eight months. Only seven stocks -- out of about 2,700 that are worth at least $1 billion -- ha...
Source: ndtv.com