Why ChargePoint Shares Plunged This Week
CHPTChargePoint(CHPT) The Motley Fool·2023-12-22 18:03

ChargePoint Holdings (CHPT 0.61%) shares have been on a roll lately. The stock has jumped nearly 25% over the past month. But shares of the electric vehicle (EV) charging network company would have been even higher if they hadn't dropped by 12.5% this week as of early Friday, according to data provided by S&P Global Market Intelligence. Interest rates matter Last month's rise in ChargePoint shares didn't come because of any good news from the company. The stock surged as many technology and growth stocks fe ...