3 Red Flags For ChargePoint Holdings' Future
The EV charging network operator still has a lot to prove.
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The EV charging network operator still has a lot to prove.
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.
EV-charging company ChargePoint sees third-quarter sales far below Wall Street estimates. Investors aren't happy.
Shares of ChargePoint Holdings Inc. plunged 36.4% toward a record low Friday, after the electric vehicle charging station company warned of a revenue miss...
ChargePoint Holdings' stock slumped by nearly 38% to a record low on Friday after the electric vehicle charging network slashed its third quarter revenue forecast and replaced key executives. ...