Chargepoint stock charges higher after sales beat, increased forecast
Car-charging company tops $56 million in quarterly revenue, beating estimates, and full-year guidance jumps to at least $225 million.Analysts on average expected a loss of 13 cents a share on sales of $49.1 million, according to FactSet. After closing with 0.4% gain at $21.23, shares jumped to more than $23.50 in the extended session following Wednesday's report.With the sales beat, executives increased their annual guidance to sales of $225 million to $235 million, after previously stating a ta
This Unloved Tech Stock Could Make You Rich One Day
The iBuying business is a race to grow larger, and Opendoor is winning.The company is growing at a rate that is two years ahead of what management projected just a year earlier.The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.Real estate iBuying company Opendoor Technologieshas been executing at a high level in the three quarters since coming public via a special purpose acquisition company merger. In a race to disrupt residential