1 Red Flag for ChargePoint Stock in 2023

By Parkev Tatevosian, CFA – Jun 9, 2023 at 4:07AM

NYSE: CHPT

ChargePoint

Market Cap

$546M

Today's Change

(-3.73%) -$0.05

Current Price

$1.29

Price as of April 24, 2024, 4:00 p.m. ET

ChargePoint is capitalizing on the rapidly growing need for EV charging stations.

Fool.com contributor and finance professor Parkev Tatevosian highlights a risk that ChargePoint (CHPT -3.73%) stock investors should not overlook.

*Stock prices used were the afternoon prices of June 6, 2023. The video was published on June 8, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.