ChargePoint reverse stock split: EV charging company adjusts share price amid NYSE delisting risk

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0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',r=n._store.getNotifications(),a=n._generatePanelMarkup(o,r),i.innerHTML=a;break;case"error_panel":a=(o='{errorMsg}').replace("{errorMsg}",n._config.panel.errorMsg),i.innerHTML=a}t&&t()}else t&&t(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(D))}},{key:"updateBadgeNode",value:function(e){if(e){var t=this._store.getNotifications().newCount,n=this._config.badge.maxCount;if(t){var o=t>n?n+"+":t;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var t=document.getElementById(this._config.panel.styleTagId);t||((t=document.createElement("style")).type="text/css",t.id=this._config.panel.styleTagId,t.innerText=e,document.head.appendChild(t))}}}]),e}(),U=function(){function e(t,n,o){L(this,e);var i=this;i._store=n,i._view=o,i._config=t;var 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n=e.getConfig();"smartphone"===n.device&&("finance"===n.property&&"crunch"===n.ytheme&&e.addElementListener(t.searchInput,"click",(function(){var n,o;n="search_input_focus_click",null!==(o=ae())&&(ne[n]||(ne[n]=o)),e.addElementListener(t.searchForm,"click",(function(){if(t.ybar){if(t.ybar.classList.contains("ybar-searchbox-assist-fullscreen"))return;t.ybar.classList.add("ybar-searchbox-assist-fullscreen"),t.ybar.classList.add("ybar-searchbox-assist-fadein")}if(!document.documentElement.classList.contains("ybar-overlay")){document.documentElement.classList.toggle("ybar-overlay"),document.body.classList.add("ybar-overlay-noscroll");ee("ybar","websrch","",{elm:"expand",subsec:"searchbox",itc:"1"})}}))})),e.addElementListener(t.searchBoxPlaceholder,"click",(function(){Ft(e,t)})),e.addElementListener(t.searchBoxPlaceholder,"keydown",(function(n){var 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t,n=e.getConfig(),o={ybar:document.getElementById("ybar"),searchInput:document.getElementById("ybar-sbq"),buttonBar:document.querySelector(".".concat(jt["sa-btn-bar"])),searchForm:document.getElementById("ybar-sf"),searchBoxIcon:document.querySelector(".".concat(jt["searchbox-icon-uh3"])),searchBoxPlaceholder:document.getElementById("ybar-smartphone-searchbox-placeholder"),searchBoxBackButton:document.getElementById("ybar-search-back-btn"),shopsButtonsWrap:document.querySelector(".".concat(jt["shops-buttons"])),categorySelect:document.getElementById("shops-category-select"),selectedMerchantInput:document.getElementById("selected-merchant-input"),selectedMerchantClearButton:document.querySelector(".".concat(jt["selected-merchant-clear-button"])),submitSearchBtn:document.getElementById("ybar-search"),clearSearchBtn:document.getElementById("ybar-sbq-x"),searchGradientBorder:document.querySelector(".".concat(jt["search-border-gradient"]))};if(function(e,t){var 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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Grace SnellingMon, Jul 28, 2025, 5:44 PM 3 min readThe stock price for the EV charging company ChargePoint Holdings (NYSE: CHPT) went up dramatically this morning—but for investors, that might not be good news.Most Read from Fast Company5 habits that are making you a worse leaderFigma’s IPO date is close. The stock could trade even higher after the design startup’s latest moveThe real reason a staggering 40% of U.S. homeowners are mortgage-freeChargePoint just implemented a measure called a “reverse stock split,” a move intended to artificially increase the share price of a company without actually boosting its overall value. Typically, a reverse stock split is used as an effort to prevent a company from being delisted from a stock exchange, and it often signals that said company is struggling financially.Investors are already demonstrating their wariness: As of this writing, ChargePoint stock is down more than 14% since the market opened this morning. Here’s what to know about the company’s reverse stock split.ChargePoint Holdings is one of the largest EV charging networks in the world. The company operates more than a million chargers in the U.S. and Europe, many of which are free to use and easy to find via the company’s app. In recent years, it’s signed partnerships with Starbucks and Airbnb and helped to electrify an entire village in Senegal.Despite these milestones, ChargePoint has been navigating a rocky financial period. It reported a net loss of $282.9 million in the fiscal year ending in January, and, on June 5, the company shared that its first-quarter 2026 revenue was down 9% compared with the previous year.A reverse stock split happens when a company boosts the price tag of its stock by combining many shares into one. In the case of ChargePoint, the reverse split took place at a ratio of 1 for 20, meaning that the value of one share today is equal to 20 shares last week.A reverse stock split doesn’t mean that the company’s overall value has increased—it just means that there are now far fewer shares available, each at a higher cost.After the reverse stock split, ChargePoint investors will still own the same total value in the company, consolidated into fewer shares. The reverse split was approved by ChargePoint’s shareholders on July 8.Companies use a reverse stock split when, for a number of reasons, they need to artificially increase the price of their shares. According to a press release, ChargePoint took this measure to “comply with the minimum trading price criteria for continued listing on the New York Stock Exchange (NYSE).”Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,414.25 +8.25 (+0.13%)Dow Futures44,850.00 +34.00 (+0.08%)Nasdaq Futures23,500.00 +48.00 (+0.20%)Russell 2000 Futures2,262.30 +8.70 (+0.39%)VIX15.98 +0.95 (+6.32%)Gold3,324.00 0.00 (0.00%)PortfolioSign in to access your portfolioSign inTop gainersNEGG Newegg Commerce, Inc. 56.19 +17.11 (+43.78%)SANM Sanmina Corporation 120.76 +22.42 (+22.79%)CVLT Commvault Systems, Inc. 193.27 +29.84 (+18.26%)AMKR Amkor Technology, Inc. 25.08 +3.85 (+18.13%)PII Polaris Inc. 57.81 +8.33 (+16.84%)Top losersNVO Novo Nordisk A/S 53.94 -15.06 (-21.83%)STEM Stem, Inc. 15.17 -3.74 (-19.78%)HRI Herc Holdings Inc. 123.61 -26.27 (-17.53%)EXEL Exelixis, Inc. 36.94 -7.45 (-16.78%)QS QuantumScape Corporation 9.28 -1.70 (-15.48%)Most activeSOFI SoFi Technologies, Inc. 22.40 +1.38 (+6.57%)NVDA NVIDIA Corporation 175.51 -1.24 (-0.70%)LCID Lucid Group, Inc. 2.5600 -0.2300 (-8.24%)NVO Novo Nordisk A/S 53.94 -15.06 (-21.83%)AMD Advanced Micro Devices, Inc. 177.44 +3.78 (+2.18%)Earnings eventsTrending tickersSOFI SoFi Technologies, Inc. 22.40 +1.38 (+6.57%)NVO Novo Nordisk A/S 53.94 -15.06 (-21.83%)PANW Palo Alto Networks, Inc. 193.84 -10.66 (-5.21%)V Visa Inc. 351.29 -4.18 (-1.18%)SBUX Starbucks Corporation 92.96 -0.71 (-0.76%)Top economic events