Why ChargePoint Shares Tanked Today

Why ChargePoint Shares Tanked Today

Shares of ChargePoint Holdings (NYSE: CHPT) joined the large list of higher-risk equities that tumbled today. Like the overall market, ChargePoint shares were near the day's lows as of 3:05 p.m. ET. The stock was off by 5.4% at that time, capping off what turned out to be a harsh week for shares of the electric vehicle (EV) charging network company.