|Bid||4.2200 x 3000|
|Ask||4.2200 x 3200|
|Day's range||3.6100 - 4.2800|
|52-week range||1.7500 - 13.3500|
|Beta (5Y monthly)||1.17|
|PE ratio (TTM)||N/A|
|Earnings date||08 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||9.50|
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.