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Birkenstock shares extend rally, hit IPO price for first time

Birkenstock shares extend rally, hit IPO price for first time
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Birkenstock shares extend rally, hit IPO price for first time

Shares of German sandal maker Birkenstock extended their gains on Wednesday, hitting the initial public offering price for the first time, following a buoyant holiday shopping season. .

New yorkUnited statesLisa shumakerChibuike oguhLance tupperMedha singhBernard arnaultArm holdingsLouis vuitton moet hennessyBlack fridayCyber monday

ChargePoint s stock slumps to record low after revenue warning, executive changes

ChargePoint Holdings stock slumped by nearly 38% to a record low on Friday after the electric vehicle charging network slashed its third quarter revenue forecast and replaced key executives. .

New yorkUnited statesChibuike oguhRex jacksonLance tupperMansi khetaniPasquale romanoBill petersonDavid evansColin ruschRick wilmerEvgo incChargepoint holdingPoint holdingNorth americaChief executive pasquale romano

ChargePoint s stock slumps to record low after revenue warning, executive changes

ChargePoint Holdings' stock slumped by nearly 38% to a record low on Friday after the electric vehicle (EV) charging network slashed its third quarter revenue forecast and replaced key executives. ChargePoint expects revenue to drop to between $108 million and $113 million, far below a previous forecast of between $150 million and $165 million, owing to weak demand caused by delays in electric vehicle deliveries in North America and Europe, the company said after the closing bell on Thursday. California-based ChargePoint also announced that longtime Chief Executive Pasquale Romano will be replaced by Rick Wilmer, its chief operating officer, effective immediately.

New yorkUnited statesDavid evansChibuike oguhBill petersonRex jacksonLance tupperPasquale romanoColin ruschRick wilmerMansi khetaniChargepoint holdingEvgo incPoint holdingNorth americaChief executive pasquale romano

ChargePoint s stock slumps to record low after revenue warning, executive changes

ChargePoint s stock slumps to record low after revenue warning, executive changes
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United statesNew yorkChibuike oguhRex jacksonLance tupperMansi khetaniPasquale romanoBill petersonDavid evansColin ruschRick wilmerEvgo incChargepoint holdingPoint holdingNorth americaChief executive pasquale romano

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