Why Shares of Canoo Are Driving Higher Today
With competition ramping up over the past few years, the electric vehicle (EV) landscape has become a virtual battlefield. Canoo (NASDAQ: GOEV), however, has taken a major step toward appearing on actual battlefields. As of 11:11 a.m. ET on Thursday, shares of Canoo are up 4.9%, falling from their earlier climb of 11.2%.