ChargePoint Is Jumping Today, but Still Down 95% From Its High -- Is It Time to Buy the Stock?
ChargePoint(CHPT) The Motley Fool·2024-02-14 20:43
ChargePoint (CHPT 12.14%) stock is jumping Wednesday. The electric vehicle (EV) charging specialist's share price was up 11.7% as of 3 p.m. ET, according to data from S&P Global Market Intelligence.ChargePoint stock is gaining ground in conjunction with better-than-expected preliminary fourth-quarter results from Blink Charging. While Blink is a rival, the company's preliminary Q4 results are actually signaling that the industry backdrop for ChargePoint may be more favorable than many investors had previous ...