Previous Close | 1.0950 |
Open | 1.0900 |
Bid | 1.0100 x 21500 |
Ask | 1.0200 x 45100 |
Day's Range | 1.0000 - 1.1000 |
52 Week Range | 0.9880 - 6.4400 |
Volume | |
Avg. Volume | 13,185,226 |
Market Cap | 365.305M |
Beta (5Y Monthly) | 1.18 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.9850 |
Earnings Date | Feb 27, 2023 - Mar 03, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 5.25 |
Yahoo Finance autos reporter Pras Subramanian joins the Live show to examine Tesla's schedule to start manufacturing on the Cybertruck, as well as EV maker Canoo's plans to fundraise $52.5 million in discounted shares sale.
Several U.S.-based electric vehicle (EV) stocks were sliding Tuesday morning as investors balance increasing competition against growth initiatives. Rivian Automotive (NASDAQ: RIVN), Lucid Group (NASDAQ: LCID), and specialty EV maker Canoo (NASDAQ: GOEV) all sank between about 7% and 8% in early trading. Rivian confirmed it was expanding its product line to include electric bikes, reports Bloomberg.
Investors crushed the shares of electric vehicle (EV) start-up Canoo (NASDAQ: GOEV) Monday after details emerged of its latest round of raising capital. As of 10:43 a.m. ET, Canoo shares were still down by 11.7%. Today's drop comes after the company said it would raise more than $50 million by selling new shares to institutional investors at a discounted price.