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ChargePoint stock rallies 6% after Q4 sales beat expectations

ChargePoint stock rallies 6% after Q4 sales beat expectations

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ChargePoint Holdings Inc. CHPT, -1.54% stock rose more than 6% in the extended session Wednesday after the electric-vehicle charging network company reported quarterly sales above expectations and called for higher yearly revenue. ChargePoint said it lost $60.5 million, or 23 cents a share, in the fourth quarter, compared with a loss of $91 million, or $5.31 a share, in the year-ago quarter.

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