EV charging company ChargePoint plunges as sales sag, executives replaced autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.
SAN FRANCISCO, Nov. 17, 2023 (GLOBE NEWSWIRE) Hagens Berman urges ChargePoint Holdings, Inc. (NYSE:CHPT) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with
ChargePoint Holdings Revenue: ChargePoint expects revenue to drop to between USD 108 million and USD 113 million, far below a previous forecast of between USD 150 million and USD 165 million, owing to weak demand caused by delays in electric vehicle deliveries in North America and Europe, the company said after the closing bell on Thursday. It will report its third quarter results on Dec. 6.
ChargePoint Holdings Inc. drew a downgrade at Oppenheimer, while analysts at Needham slashed their price target for the electric-vehicle-charging company in…