Shares of EV charging company
ChargePoint
have been caught in the sell off that’s hammered small-capitalization stocks that don’t produce earnings or generate free cash flow, yet. Investors hoped that third-quarter earnings could turn sentiment around, but some concerns linger.
ChargePoint
(ticker: CHPT), on Thursday afternoon, reported a per-share loss of 25 cents from $125 million in sales. Wall Street was looking for a loss of 20 cents per share on sales of $132.3 million.
Source: https://www.barrons.com/articles/chargepoint-earnings-stock-51669924675?siteid=yhoof2&yptr=yahoo