EVgo rallies on buyout offer from LS Power

By Reuters News

** Shares of electric-vehicle charging company EVgo EVGO.O rise 45.2% to $1.83 premarket

** Stock on track for its biggest one-day rise since October 2024, if gains hold

** Co to be acquiredby private co LS Power Equity Advisors - SEC filing showed

** LS Power owns about 178 million EVGO shares, holding 56% of voting securities

** Proposes to acquire EVGO for $2 per share in cash

** As of last close, stock down 56.7% YTD

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