|Bid||3.7900 x 2200|
|Ask||3.8000 x 1200|
|Day's Range||3.6250 - 4.3200|
|52 Week Range||1.7500 - 13.3500|
|Beta (5Y Monthly)||0.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 28, 2022 - Apr 01, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.33|
Stocks of many early-stage electric vehicle (EV) companies are on the move higher Thursday. Shares of China-based Nio (NYSE: NIO) and XPeng (NYSE: XPEV) were up 4.7% and 7.5%, respectively, as of 12:45 p.m. ET. After popping as much as 20%, the stock of U.S.-based Canoo (NASDAQ: GOEV) remained up 6.1% at that time.
In early July, specialty electric vehicle maker Canoo (NASDAQ: GOEV) shocked investors with news that it was getting a vehicle order from retail giant Walmart. Today's drop came from information gleaned from the second-quarter report Canoo released last night. After Walmart said it would order 4,500 vehicles from Canoo to supply its e-commerce delivery fleet, investors thought it was a lifeline for the company.
Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the second quarter of 2022.