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ChargePoint Stock Plummets. Higher Rates Are Hurting Business.

Por: MarketWatch Business November 17, 2023

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The calendar quarter, of course, ended in September. ChargePoint’s fiscal quarter ended in October. The company’s warning came shortly after the company started closing its books. ChargePoint is also taking a $42 million non-cash charge against earnings. The reason isn’t well defined in the release. ChargePoint didn’t immediately respond to a request for comment. Operating expenses came in as expected at about $80 million and the company... + full article



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