ChargePoint Pivots for Profitability, But Is It a Stock to Buy?
CHPTChargePoint(CHPT) The Motley Fool·2024-08-04 06:42

ChargePoint's stock price has absolutely spiraled lower over the past three years, but a change in strategy could reverse its course. Investors initially bought into the hype surrounding ChargePoint (CHPT -3.52%) and other charging infrastructure companies. It was a logical direction with the electric vehicle (EV) industry poised to boom in the coming years. In fact, some of the biggest concerns facing potential EV customers are range anxiety and charging infrastructure availability, problems ChargePoint ca ...