CHPT News and Press, ChargePoint Holdings Inc Cl A From 10/13/23

2023-10-13 08:39:45 ET Aggressive growth stocks are having a mixed week. While shares of hydrogen fuel cell maker Plug Power (NASDAQ: PLUG) have surged by 11.5% from last Friday's closing price, two stocks in the electric vehicle (EV) sector were plummeting. Charging network company...

2023-10-13 06:17:15 ET Summary ChargePoint's stock has plummeted 72% in the past year despite the increasing demand for EVs. Insiders have been selling off CHPT shares at a high rate, while short sellers are betting against the company. ChargePoint expects to turn profitable i...

2023-10-12 07:47:18 ET Summary ChargePoint Holdings announces large capital raise, sending stock to all-time lows. The EV charging station company raises $232 million through institutional investors and the ATM offering. ChargePoint aims to reach adjusted EBITDA profits in the...

2023-10-11 14:43:48 ET Shares of ChargePoint Holdings (NYSE: CHPT) crashed Wednesday afternoon, trading 14.5% lower as of 1:45 p.m. ET. Investors dumped shares of the electric vehicle (EV) charging infrastructure company after it announced plans to raise more funds via a share s...

2023-10-11 12:11:13 ET ChargePoint Holdings Inc (NYSE: CHPT) lost another 10% this morning after announcing plans of raising new capital via a stock sale. ChargePoint is raising $232 million in total On Wednesday, the electric vehicles infrastructure company said a group of inst...

2023-10-11 09:53:15 ET More on ChargePoint Holdings ChargePoint Holdings: Market Is Losing Faith And So Am I (Rating Downgrade) ChargePoint's Investment Thesis Has Soured, As Insiders Sell And Bulls Flee ChargePoint: Prepare For More Pain (Rating Downgrade) E...

$175M of new equity committed by institutional investors via the Company’s “at-the-market” offering facility $57M of new equity raised in Q3 of FY2024 via the ATM Adjustment to terms of outstanding $300M convertible notes ChargePoint Holdings, In...

2023-10-11 01:18:49 ET Summary ChargePoint Holdings has seen a significant decline in its stock price, down nearly 70% in the last 12 months. CHPT is a prominent player in the EV charging industry but lacks the fundamentals and profitability that investors are seeking. The com...

2023-10-10 18:40:23 ET The stock market as a whole had a fine Tuesday, but electric vehicle (EV) stocks -- and those of companies related to their business -- really had a fine trading session. Many were well in positive territory. SUV maker Fisker (NYSE: FSR) , for example,...

2023-10-10 16:00:00 ET Summary CHPT's execution has worsened as inventories grow, gross margins suffer, and balance sheet deteriorates in FQ2'24. Linse Michael , a director in CHPT, has effectively liquidated 100% of his position, naturally raising further doubts about the company...