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ChargePoint stock jumps 6%, extending a 65% gain amid weak moves from EVgo and Blink Charging.

Market News
29 Sep 2026
24/7 Wall Street
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Bullish
ChargePoint stock jumps 6%, extending a 65% gain amid weak moves from EVgo and Blink Charging.

ChargePoint's stock surged 6% to $9.26, extending a strong 65% rally over the past month, while its main rivals EVgo and Blink Charging showed little movement. This divergence highlights growing investor focus on ChargePoint's broad EV charging network, which benefits from increasing electric vehicle adoption regardless of brand. However, caution is advised as the momentum-driven rally could reverse sharply if buying interest fades. Investors should watch if EVgo and Blink shares begin to rise alongside ChargePoint, signaling broader sector strength, or remain cautious with position sizing and exit plans given the recent rapid gains.

ChargePoint's recent stock surge is noted here with Pluang's Consumer Cyclical sector data as of Sep 29, 2026 22:13 WIB: out of 112 priced US stocks, 38 rose and 72 fell. Among these, Carparts.Com Inc (PRTS) rose 2.81% to USD 8.24 with a typical hold time of 45 days, while Lululemon Athletica Inc (LULU) declined 2.77% to USD 97.79 and Capri Holdings Ltd (CPRI) dropped 2.74% to USD 14.39. The most notable figure is the 59% Sell activity on Lululemon Athletica Inc orders on Pluang.

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