|Bid||15.37 x 900|
|Ask||15.38 x 1300|
|Day's Range||15.07 - 16.10|
|52 Week Range||8.50 - 28.72|
|Beta (5Y Monthly)||1.95|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 14, 2022 - Nov 18, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.58|
LONDON, October 05, 2022--ChargePoint today announced the launch of the CP6000, ChargePoint’s most flexible and serviceable global AC EV charging solution.
Shares of stocks in the automotive sector were rising today, likely in response to the broader market's gains. The S&P 500 was up by 2.7% and the Nasdaq Composite had gained 2.9% by midafternoon. The positive market sentiment likely helped raise the share prices of the electric vehicle (EV) battery company QuantumScape (NYSE: QS) by 5.2%, pushed up the EV charging company ChargePoint (NYSE: CHPT) up by 8.8%, and helped General Motors (NYSE: GM) pop 8.2% as of 2:25 p.m. ET.
Third-quarter data from automakers is beginning to trickle in, and EV adoption seems to be as strong as has been expected.