EVgo, Advanced Energy, NN, Blink Charging, Ameresco Soar on Weak Jobs Data
EVgo, Advanced Energy, NN, Blink Charging, and Ameresco shares jumped in morning trading after U.S. employment data showed slower-than-expected growth in September, leading to a cooling of Treasury yields and reduced borrowing-cost pressures across the sector.
S. employment data cooled Treasury yields, easing borrowing-cost pressure across the sector. The Bureau of Labor Statistics said nonfarm payrolls rose by 29,000 in September, well below expectations.