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SBE - Why Li Auto Blink Charging and Switchback Energy Shares Are Dropping Today
Switchback Energy Acquisition Corp - Class A
Shares of some electric-vehicle (EV) stocks are taking a breather today after sharp rallies in recent weeks. Shares of Chinese automaker Li Auto (NASDAQ: LI) are down 6% as of 11:45 a.m. EST. Shares of EV charging station suppliers Blink Charging (NASDAQ: BLNK) and Switchback Energy Acquisition (NYSE: SBE) are dropping 8% and 3%, respectively.
Even with the drops, shares of these three companies have risen between 140% and 240% in just the past three months.