Workflow
Canoo: Revenue Struggles Continue
GOEVCanoo (GOEV) Seeking Alpha·2024-08-17 14:42

Klaus Vedfelt One of the worst performing names in the markets in recent years has been Canoo (NASDAQ:GOEV). The electric vehicle manufacturer saw its shares peak at a splitadjusted price of over $572 in late 2020, only to fall back to just a dollar and change these days. After the close of trading, the company reported its Q2 results, and the numbers show a name that's still in tremendous trouble. Canoo describes itself as a "high tech advanced mobility technology company with a proprietary modular electri ...