Canoo Inc (NASDAQ:GOEV) shares are trading higher on above-average volume Thursday. Here’s a look at what may be going on.
What To Know: Canoo CFO Greg Ethridge and Vice President of Capital Markets and Investor Relations Jonathan Wolff were scheduled to speak at the Sidoti Small Cap Conference Wednesday afternoon.
In addition to the live presentation, management was also scheduled to host one-on-one investor meetings at the conference, which wraps up Thursday. It’s possible that the stock is reacting to news out of the conference, but nothing official has been released from Canoo.
Canoo’s average session volume is approximately 8.2 million. Thursday’s trading volume has already ...