Why ChargePoint Stock Zoomed 43.7% in July
ChargePoint(CHPT) The Motley Fool·2024-08-09 01:33
Global EV sales momentum may have slowed down, but investors have high hopes for ChargePoint. ChargePoint Holdings (CHPT 9.75%) shares made a dramatic comeback in July and surged a whopping 43.7%, according to data provided by S&P Global Market Intelligence. That's a huge rebound for a stock that lost one-third of its value in the first half of 2024. The electric vehicle (EV) charging infrastructure company was hitting the headlines for all the wrong reasons in recent months, including dwindling sales and m ...