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Canoo shares tumble as EV sales dry up

03:31am, Tuesday, 02'nd Apr 2024
Canoo Inc (NASDAQ:GOEV), the electric vehicle maker, is set to start trading in the US 30% lower on Tuesday after it warned 2024 revenue would come in lower than analysts had forecast. Sales in the cu
Electric vehicle manufacturer Canoo disclosed in a Monday (April 1) annual report that its management has identified “substantial doubt” about the company's ability to continue as a going conc
Canoo Inc. (GOEV) Q4 2023 Earnings Call Transcript
Tucked inside Canoo's 2023 earnings report is a nugget regarding the use of CEO Tony Aquila's private jet — just one of many expenses that illustrates the gap between spending and revenue at the EV
Electric-vehicle maker Canoo Inc. disappointed with its latest financial results and outlook, sending its stock tumbling late Monday.
Canoo Inc says its management has identified “substantial doubt about our ability to continue as a going concern”. Shares of the EV firm are down 20% in extended hours today.
Canoo Inc said on Monday there was substantial doubt about its ability to continue as a going concern.

Canoo (GOEV) Earnings: What to Expect

03:10pm, Monday, 01'st Apr 2024
Canoo's (GOEV) 4Q adjusted EPS is estimated at -$1.78 and revenue is estimated at $660K. George Tsilis previews these earnings as they report this afternoon.
Canoo (GOEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Electric vehicle (EV) startup Canoo (NASDAQ: GOEV ) — which specializes in developing lifestyle vans using its modular “skateboard” frame — has been in the news. Specifically, the company boug
Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acqu
Faraday Future (NASDAQ: FFIE), Canoo (GOEV), and Nikola (NKLA) stock prices continued their short-squeeze this week even as concerns about the EV industry intensified. Nikola jumped to $0.6574, 11% ab
It feels like 2021 all over again, with both meme stocks and debate around which name will be the next short-squeeze target surging. Canoo (NASDAQ: GOEV ) is certainly seeing some of this short-squeez
Easily one of the biggest winners on Monday was upstart electric vehicle manufacturer Canoo (NASDAQ: GOEV ). Thanks to a key government approval, GOEV stock skyrocketed, aided by a clearer pathway to
There are seven stocks making CEOs lose sleep in March this year, reflecting the immense pressures and challenges facing major corporations across various industries. Some companies are reeling from p
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