What’s Going On With ChargePoint Shares Wednesday?

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading lower in the premarket session on Wednesday.

Over the last six months, the company’s shares have lost over 70%, while the S&P 500 has gained over 13%.

Yesterday, the company reported fourth-quarter financial results and issued guidance below estimates. 

ChargePoint reported quarterly losses of 23 cents per share, in line with analyst estimates. Non-GAAP gross margin was 22% as compared to 23% in the prior …

Full story available on Benzinga.com