Why the Market Dipped But Canoo Inc. (GOEV) Gained Today
GOEVCanoo (GOEV) ZACKS·2024-08-08 06:50

In the latest market close, Canoo Inc. (GOEV) reached $1.68, with a +0.6% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.77%. On the other hand, the Dow registered a loss of 0.6%, and the technology-centric Nasdaq decreased by 1.05%.The company's stock has dropped by 31.56% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 16.52% and the S&P 500's loss of 5.85%.The upcoming earnings release of Canoo Inc. will be of great interes ...