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Stock impact report

What's Going On With ChargePoint Stock Today? [Yahoo! Finance]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: Yahoo! Finance
Stifel analyst Stephen Gengaro maintained a Hold rating on ChargePoint, lowering the price forecast from $3 to $2. The company has launched the ChargePoint Essential cloud plan, providing an alternative to standard cloud subscriptions. This plan features a competitively priced software fee that is funded by driver payments for charging. “Innovative new offerings like ChargePoint's Essential cloud plan lower the barrier to entry by shouldering ongoing costs and deploying the $699 CPF50 charger to minimize upfront investment,” said Rick Wilmer, CEO of ChargePoint. Also Read: Schwab Expands 24 Hour Trading To Include All Stocks In S&P 500, Nasdaq 100, Hundreds Of ETFs Any revenue generated beyond this fee is returned to the station owner on a monthly basis, and the activation of the stations is included at no additional cost under the Essentials plan. According to Benzinga Pro , CHPT stock has lost over 48% in the past year. The ChargePoint Essential cloud plan, available wi Show less Read more
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