GOEV News and Press, Canoo Inc. From 01/13/23

Electric vehicle (EV) stocks were heading lower Friday, and there was a good explanation for it. At the lows of the session, China-based Nio (NYSE: NIO) , luxury electric sedan maker Lucid Group (NASDAQ: LCID) , and specialty delivery vehicle start-up Canoo (NASDAQ: GOEV) ...

In the year or so since the stock market hit its peak on Jan. 3, 2022, shares of electric vehicle (EV) company Canoo (NASDAQ: GOEV) have tumbled roughly 85%, according to data from S&P Global Market Intelligence . The last year of trading has been brutal for EV stocks generall...

Electric vehicle stocks came to life on Monday morning as the market rose and investors poured back into growth and higher-risk stocks. It didn't hurt that an analyst made positive comments about Tesla (NASDAQ: TSLA) , giving bullish investors even the slightest reason to buy a stock th...

It feels harder than ever to find great companies to invest in right now, as the market continues to decline. And while investors know that each stock comes with some level of risk , the ones on this list have some outsize issues right now that investors should be aware of. Here's why you...

Shares of electric vehicle (EV) makers have been dropping sharply Thursday. Early-stage companies like Rivian Automotive (NASDAQ: RIVN) , Lucid Group (NASDAQ: LCID) , and Canoo (NASDAQ: GOEV) took some of the biggest hits, dropping by between about 5% and 8% at their lows ...

Summary Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produ...

Short Squeeze Stocks To Watch The first day of 2023’s stock market season begins today, and of course, there are plenty of cheap stocks to watch. Also known as penny stocks , these are the lowest-priced equities known for their explosiveness. According to the standard definition of...

Investors in Canoo (NASDAQ: GOEV) have had a rough year in 2022 with the stock plunging by 85%. But shares in the electric vehicle (EV) maker jumped today, and there are two likely reasons. After popping 8.4% early Thursday, Canoo stock was holding on to a gain of 6.5% as of 12:30 p.m. ET...

Specialty electric vehicle (EV) start-up Canoo (NASDAQ: GOEV) has had a difficult year. Its stock is down 85% year to date after the company nearly went out of business. But there have been some positive developments over the last few months, and another one has shares moving higher. ...

Summary Canoo is burning through cash, with EPS at -$2.22 for the last 12 months. Its total cash and short-term investments is at an all-time low of $6.82 million. Book value per share is at $0.76 for Q3 2022, yielding a P/B ratio of 1.6. For a growth stock this is strikingly low, refle...