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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...
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ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), now enables drivers access to charge at more than one million places across public, private and roaming ports in North America and Europe. Additionally, more than 10 billion electric miles ...
ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced continued leadership in enabling DC fast charging at National Electric Vehicle Infrastructure (NEVI) program funded locations. Two newly opened ChargePoint sites along Inter...