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ChargePoint Stock: Buy, Sell, or Hold?
CHPTChargePoint(CHPT) The Motley Fool·2024-06-11 08:52

ChargePoint's (CHPT -1.11%) stock hit a record high of $46.10 on Dec. 24, 2020. At the time, investors were dazzled by the electric vehicle (EV) charging network builder's explosive growth rates. But today, its shares trade at less than $2. ChargePoint's stock plummeted as the EV market cooled off, it faced more challengers, it racked up more losses, and rising interest rates compressed its valuation. ChargePoint is the top builder of EV charging stations in North America and Europe, with over a million cha ...