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Tritium DCFC Stock Slips 7%

Shares of Tritium DCFC Limited (DCFC) are slipping over 7% on Tuesday morning despite no stock-related news to hurt the shares.

DCFC is currently trading at $5.14, down $0.40 or 7.22%, on the Nasdaq. The stock opened its trading at $5.55 after closing Monday's trading at $5.54. The stock has traded between $5.07 and $19.75 in the past 52-week period.

Tritium DCFC designs, manufactures, and supplies direct current chargers for electric vehicles in the United States, North America, Europe, the Middle East, and the Asia Pacific.

The company's charging station hardware portfolio includes various standalone chargers, such as 50, 75, 175, and 350-kilowatt chargers.

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