Trending Stocks on Tuesday: Top 5 Gainers

2. Allego N.V. (NYSE:ALLG) is up 13.5% as of 12:19 PM ET after news that General Motors Company (NYSE:GM) and the Japanese Honda Motor Co., Ltd. (NYSE:HMC) will come together to manufacture a series of EV that will be priced below the $30,000 level. This will favor a company like Allego N.V. (NYSE:ALLG) as it is a leading provider of EV charging facilities across Europe through its 28,000 EV charging stations. Allego N.V. (NYSE:ALLG) went public on March 17 following its merger with SPAC Spartan Acquisition III.