Why Shares of Volta Are Plummeting This Week

Why Shares of Volta Are Plummeting This Week

After the White House approved all of the states' electric vehicle (EV) charging plans this week, some EV-charging infrastructure stocks powered higher. Volta (NYSE: VLTA), on the other hand, is not faring quite so well. On Thursday, Volta updated its business outlook for 2022, and shareholders didn't like what they heard.