ChargePoint Stock Ripped 83% Higher in September. Is It a Buy?
ChargePoint's CEO says the stock's dizzying rally is just the beginning.
Overview
Betting against ChargePoint (NYSE:CHPT) had become the easy trade. Electric vehicle (EV) sales were slowing and the charging infrastructure provider was rapidly burning cash. ChargePoint became a favorite target for short-sellers.
Then, September arrived.
Details
ChargePoint stock staged a dramatic comeback and surged 83.3% in the month, according to data provided by S&P Global Market Intelligence.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.