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Why ChargePoint's Stock Is Surging Higher Today

Why ChargePoint's Stock Is Surging Higher Today

Beginning the abbreviated trading week on a bullish note, shares of ChargePoint (NYSE: CHPT) are racing higher out of the gate this morning. While cautious optimism about a resolution to the debt ceiling crisis is pushing the S&P 500 slightly higher, an analyst's positive take on the EV charging stock is powering investors to pick up shares. Shares of ChargePoint are up 12.1% as of 11:20 a.m. ET.