Previous close | 3.6400 |
Open | 3.6700 |
Bid | 3.3600 x 1300 |
Ask | 3.3700 x 800 |
Day's range | 3.2700 - 3.7100 |
52-week range | 2.5500 - 13.3500 |
Volume | |
Avg. volume | 2,453,884 |
Market cap | 812.336M |
Beta (5Y monthly) | 0.21 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.9850 |
Earnings date | 15 Aug 2022 - 19 Aug 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 11.25 |
While Rivian (RIVN) and Lordstown (RIDE) post a narrower-than-expected loss in Q1, ElectraMeccanica (SOLO), Canoo (GOEV) and Workhorse (WKHS) incur a wider-than-anticipated loss.
Specialty EV maker Canoo (NASDAQ: GOEV) reported its first-quarter financial update last night, and it gave investors a warning they didn't want to hear. The drop extended the stock's downward trend this year, with it dropping over 35% in just the last month. Rather it was a warning in the company's Securities and Exchange Commission (SEC) filing.
The stocks of three struggling electric vehicle (EV) companies are jumping today. Shares of Workhorse Group (NASDAQ: WKHS) and Lordstown Motors (NASDAQ: RIDE) are down between 60% and 70% in the last 12 months. As of 3:35 p.m. ET, Workhorse, Lordstown, and Canoo shares were up 12.7%, 17.1%, and 14.9%, respectively.