Why ChargePoint Stock Rose Today
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Shares of electric vehicle (EV) charging network company ChargePoint Holdings (NYSE: CHPT) jumped Thursday after President Joe Biden presented the details of his new jobs and infrastructure plan. As of 3 p.m. EDT, ChargePoint shares were up 8%, having pared gains of 15% from earlier in the session. Several items detailed in the Biden package could help drive growth in charging companies like ChargePoint.