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0.000963644327639004 0.000438020148926763 -0.000657030223390301 0.00219010074463428 0.00525624178712225 0.00503723171265871 0.00616732369689 0.00613228208497593
Stock impact report

ChargePoint’s CEO Explains Why the Best Is Yet to Come for EV Charging [Yahoo! Finance News]

ChargePoint Holdings, Inc. (CHPT) 
Text sizeA ChargePoint plug sits connected to a vehicle in Los Angeles.Dania Maxwell/BloombergThe EVcharging- infrastructuresecond-quarter sales,ChargePoint (ticker: CHPT) stock was up about 9% in early trading Thursday. TheS&P 500Dow Jones Industrial Average“We don’t take [the guidance increase] lightly,” Romano toldBarron’sMany people are still working from home, so they aren’t parking their cars in office lots, limiting the immediate need for companies to buy charging stations. Supply-chain problems remain a challenge as well, as they are in many industries.ChargePoint now expects to generate about $230 million in 2021 sales, up from a prior forecast of about $200 million. Analysts were projecting about $208 million in full-year sales before the earnings report.ChargePoint doesn’t actually own chargers that people use. Their business model depends on demand pull. Businesses buy equipment from the company, paying monthly network fees as well, because they want it. Sales are strong b Show less Read more
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