ChargePoint Stock: Buy, Sell, or Hold?
ChargePoint's (NYSE: CHPT) stock hit a record high of $46.10 on Dec. 24, 2020. At the time, investors were dazzled by the electric vehicle (EV) charging network builder's explosive growth rates. But today, its shares trade at less than $2. ChargePoint's stock plummeted as the EV market cooled off, it faced more challengers, it racked up more losses, and rising interest rates compressed its valuation.
Should investors buy, sell, or hold the stock after that precipitous decline?
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Source Fool.com