ChargePoint Holdings, Inc. (CHPT) closed the most recent trading day at $1.86, moving -1.59% from the previous trading session.
China has only a toehold in the U.S. electric vehicle market, and this toe may now get squashed.
When high-flying stocks plunge by 50% or more, there is always a temptation to consider exposure at oversold levels. There are cases of a strong rally after a big sell-off on the back of a short-squeeze or improvement in company fundamentals. However, it’s not necessarily true in all cases of big corrections. This overview is important, as I discuss EV stocks to sell in this column. With factors of competition, macroeconomic headwinds, cash burn and slow EV adoption, several EV stocks have plung