Why Shares of GreenPower Motor, CIIG Merger, and Blink Charging Are Down Today

Howard Smith, The Motley Fool
·3 min read
Why Shares of GreenPower Motor, CIIG Merger, and Blink Charging Are Down Today

The stocks of three niche electric-vehicle (EV) companies are dropping sharply today. As of 10:35 a.m. EST, shares of GreenPower Motors (NASDAQ: GP) are down 14%. Shares of CIIG Merger (NASDAQ: CIIC), a special-purpose acquisition company (SPAC) that is merging with U.K.-based van and bus EV company Arrival, are down 10%, while those of Blink Charging (NASDAQ: BLNK) are down 11%.