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Mangeet Kaur Bouns

ChargePoint Holdings: Buy or Sell in 2023?

CHPT ChargePoint ChargePoint Holdings Mangeet Kaur BounsMangeet ChargePoint Holdings Inc

Electric Vehicle (EV) charging company ChargePoint Holdings, Inc. (CHPT) missed its own revenue guidance in the last reported quarter and expects slower revenue growth in the first quarter of fiscal 2024. Also, the company reported a wider-than-expected quarterly loss. Since its inception, CHPT has incurred significant losses and will continue to be a poor performer.

In this article, I have discussed several reasons why investing in this stock could be extremely risky.

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