Why ChargePoint Stock Is Surging Today

Shares of ChargePoint Holdings (CHPT 10.75%) opened Wednesday on a strong note, trading 8% higher as of 10:30 a.m. ET after surging 12.6% higher earlier in the morning. The electric vehicle charging infrastructure company's earnings release is still some weeks away, but a rival is helping lift investors' hopes in the languishing stock ahead of earnings.ChargePoint is struggling to grow revenue, but a rival isn'tChargePoint stock plunged to a 52-week low last month as investors became increasingly wary of th ...