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-0.00354609929078022 -0.0141843971631206 -0.0177304964539008 -0.0177304964539008 -0.0132624113475177 -0.0163120567375887 -0.0354609929078014 -0.0531914893617021
Stock impact report

ChargePoint (CHPT) Stock Trades Up, Here Is Why [Yahoo! Finance]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: Yahoo! Finance
third-quarter results that exceeded analysts' revenue and EBITDA estimates. While sales declined year on year in the Networked charging systems business, the result came in well ahead of consensus estimates, indicating expectations were modest heading into earnings. However, the top line also benefited from strong double-digit growth in the subscription segment, which is more promising. On the other hand, its full-year operating income guidance was lowered, showing that the growth is less profitable than expected. The market seems to be focusing more on the top-line successes, and the stock is up as a result. Is now the time to buy ChargePoint? Access our full analysis report here, it's free ChargePoint's shares are extremely volatile and have had 83 moves greater than 5% over the last year. But moves this big are rare even for ChargePoint and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about over the last year w Show less Read more
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