ChargePoint: Buy, Sell, or Hold?
ChargePoint(CHPT) The Motley Fool·2024-08-31 15:06
The EV charging network operator faces challenges in a difficult operating environment. ChargePoint (CHPT 1.07%) was one of the hottest stocks when it went public in 2021 through a special purpose acquisition company (SPAC). Investor enthusiasm for electric vehicle (EV) stocks was at a fever pitch, and many rushed to buy the charging station company in pursuit of a hundred-billion-dollar market opportunity. The stock reached as high as $38.50 following its merger but hasn't come close to that price ever sin ...