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ChargePoint's stock slumps to record low after revenue warning, executive changes

ChargePoint Holdings' stock slumped by nearly 38% to a record low on Friday after the electric vehicle (EV) charging network slashed its third quarter revenue forecast and replaced key executives. ChargePoint expects revenue to drop to between $108 million and $113 million, far below a previous forecast of between $150 million and $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 Thursd...
New York United States David Evans Chibuike Oguh Bill Peterson Rex Jackson
Source: yahoo.com

ChargePoint's stock slumps to record low after revenue warning, executive changes

NEW YORK : ChargePoint Holdings' stock slumped by nearly 38 per cent to a record low on Friday after the electric vehicle (EV) charging network slashed its third quarter revenue forecast and replaced key executives. ChargePoint expects revenue to drop to between $108 million and $113 million, far below a
United States Pasquale Romano Rick Wilmer Mansi Khetani Colin Rusch Bill Peterson

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