Essential Utilities, Inc. shares rise 1.09% intraday as EVgo highlights utility partnerships for EV charging infrastructure.

Essential Utilities, Inc. rose 1.09% in intraday trading. The company's stock price increase may be attributed to the growing demand for electric vehicle (EV) charging infrastructure, as highlighted in a recent news article by EVgo. The article emphasizes the crucial role of electric utilities in deploying fast charging stations, which could positively impact Essential Utilities, Inc. as it aligns with the company's operations in the utility sector.