🔴 EVgo is trading 5% down today after a wider-than-expected adjusted loss and reduced outlook

EVgo is trading 5.22% down at $1.27 as broader risk-off sentiment weighs on growth-sensitive equities.

• September 1, 2026 weakness reflects renewed U.S.-Iran tensions, higher oil prices, rising Treasury yields, and hawkish Federal Reserve expectations.
• EVgo’s official releases page shows no company announcement dated September 1; its latest listed release was August 11, indicating no clear fresh company-specific catalyst.
• The decline extends recent post-Q2 weakness after market coverage discussed a wider-than-expected adjusted loss and reduced outlook.