Dump These 3 Dimming EV Stocks Before It's Too Late
ChargePoint(CHPT) InvestorPlace·2024-05-12 19:20
When high-flying stocks plunge by 50% or more, there is always a temptation to consider exposure at oversold levels. There are cases of a strong rally after a big sell-off on the back of a short-squeeze or improvement in company fundamentals. However, it’s not necessarily true in all cases of big corrections. This overview is important, as I discuss EV stocks to sell in this column.With factors of competition, macroeconomic headwinds, cash burn and slow EV adoption, several EV stocks have plunged. While som ...