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Is ChargePoint Stock a Millionaire Maker Stock?
CHPTChargePoint(CHPT) The Motley Fool·2024-11-12 09:20

Could the stock for this out-of-favor EV charging company bounce back in the future?ChargePoint (CHPT 7.08%) hasn't minted any millionaires since its public debut. The builder of electric vehicle (EV) charging stations went public by merging with a special purpose acquisition company (SPAC) on March 1, 2021, and its stock opened at $32.30 with an enterprise value of nearly $9 billion.But today, ChargePoint's stock trades at just over $1 a share with an enterprise value of about $550 million. It lost more th ...