GOEV soared 53.16% after the company announced it received an order from Walmart to buy 4,500 electric vehicles... Will it fly higher? Or is it an opportunity to short? Share to win coins!
$Canoo Inc.(GOEV)$Walmart has signed a huge deal with Canoo and guess what the CEO buysmore shares at the $3.99 to $4.23 region.Trust me, the bearish sentiment is going and Canoo (GOEV) will rally upwards.A form 4 filing reflecting a significant purchase of shares by Canoo (NASDAQ:GOEV) CEO Tony Aquila pushed shares higher in Tuesday’s extended session.Per a filing released after the close on Tuesday, Aquila acquired 200K shares at an average purchase price of about $3.99."These shares were purchased in multiple transactions at prices ranging from $3.62 to $4.23," the filing explained. As of August 12, Aquila held 51.2M shares of Canoo (GOEV) common stock, making him the largest individual shareholder. Shares of the Arkansas-based EV company rose
Why EV Stocks Lucid Group, Hyzon Motors, and Canoo Were Up Big
By Nicholas RossolilloKEY POINTS EV stocks are rising thanks to Rivian's upbeat commentary on Q2 2022 production. Most EV start-ups are still trying to get to a point where production pays the bills. Investors should handle EV start-ups with care at this stage. A fellow electric vehicle start-up provided an upbeat outlook, lifting peers with it.What happenedShares of electric vehicle (EV) stocks like Lucid Group($Lucid Group Inc(LCID)$ ),Hyzon Motors($Hyzon Motors Inc.(HYZN)$ ), andCanoo($Canoo Inc.(GOEV)$ )were up big today as the stock market overall rallied. The main reason for the climb is Rivian Automotiv
I don't even like Canoo that much but I still expect this to be at $5 imminently ... 170+M shares traded? you realize that's by far the highest day ever in the stocks history +100M shares on top of that...this is an entirely new stock with new holders for now$Canoo Inc.(GOEV)$
So article says expected up to nearly 19k in 2023 even at 12k that’s 1k/ month, 33 vehicles a day! They can’t even produce one a year there is no possible way they ramp up production to 33/50/day in 4 months. Pipe dreams even with Jennifer that ain’t happening$Canoo Inc.(GOEV)$
The Stars Are Aligning For Holders Of Canoo Inc. (GOEV)
For the readers interested in the stock health of $Canoo Inc.(GOEV)$. It is currently valued at $4.18. When the transactions were called off in the previous session, Stock hit the highs of $2.70, after setting-off with the price of $2.70. Company’s stock value dipped to $2.30 during the trading on the day. When the trading was stopped its value was $2.37.Recently in News on July 12, 2022, Walmart to Purchase 4,500 Canoo Electric Delivery Vehicles to be Used for Last Mile Deliveries in Support of Its Growing eCommerce Business. The retailer will be the first to receive Canoo’s Lifestyle Delivery Vehicle which is anticipated to begin hitting the road for Walmart deliveries in 2023. You can read further detailshereCanoo Inc. had a pretty Dodgy run when