NasdaqCM - Nasdaq Real Time Price • USD Canoo Inc. (GOEV) Follow Compare 1.4700 -0.1100 (-6.96%) At close: December 24 at 4:00:00 PM EST 1.4998 +0.03 (+2.03%) After hours: December 24 at 4:51:45 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Canoo Inc. Announces 1-for-20 Reverse Stock Split Effective December 24, 2024 JUSTIN, Texas, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on December 24, 2024, at 8:00 a.m., Eastern Time (“Effective Date”). Canoo’s Common Stock will continue to trade on The Nasdaq Capital Market under the existing ticker symbol "GOEV" and will begi Why Is Penny Stock Canoo Falling On Thursday? Canoo Inc. (NASDAQ:GOEV) shares are trading lower in the premarket session on Thursday. The company is grappling with major financial challenges, leading to the furlough of 82 employees and the temporary shutdown of its factories in Oklahoma. The move comes as the electric vehicle manufacturer works to secure the necessary capital to continue its operations. Canoo is currently in advanced discussions with multiple capital sources but acknowledges the tough decision to furlough staff, particularl Canoo Announces Furloughs and Factory Idle as it Focuses on Finalizing Securing Capital JUSTIN, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company today announced the company has furloughed 82 employees, both salaried and hourly, and idling its factories in Oklahoma while it works to finalize securing the capital necessary to move forward with its operations. The company is in advanced discussions with various capital sources. Canoo said, “We regret having to furlough our employees, especially during the holidays, but we have n Zacks.com featured highlights include Stryve Foods, Nevro, Canoo, MSA Safety and VTEX Stryve Foods, Nevro, Canoo, MSA Safety and VTEX have been highlighted in this Screen of The Week article. Is It Worth Investing in Canoo (GOEV) Based on Wall Street's Bullish Views? According to the average brokerage recommendation (ABR), one should invest in Canoo (GOEV). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock? Sidoti Events, LLC's Virtual December Small-Cap Conference NEW YORK, NY / ACCESSWIRE / December 3, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December ... For EV Startups, Things Are Going From Bad to Worse Makers and suppliers of electric cars are dealing with diminishing cash, uneven sales and the prospects of an unfriendly Trump administration. Canoo Announces Adjournment of Annual Meeting JUSTIN, Texas, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq:GOEV) (the “Company”), a high-tech advanced mobility company , today announced that it has adjourned its Annual Meeting of Stockholders (the “Annual Meeting”) in order to provide stockholders additional time within which to vote on all proposals. At this time, there are not present, by remote communication or by proxy, a sufficient number of shares of the Company’s common stock to constitute a quorum. The Company’s Board of Dire Is Canoo (GOEV) a Buy as Wall Street Analysts Look Optimistic? According to the average brokerage recommendation (ABR), one should invest in Canoo (GOEV). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock? Canoo Partners with Northside Truck & Van to Deliver its Initial Parts Network and Reliable Service, Maintenance, and Repair Services to Customers in the United Kingdom JUSTIN, Texas and LONDON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced a new service, maintenance, and repair (SMR) agreement with Northside Truck & Van Ltd. (“Northside”), a premier automotive service provider in the United Kingdom. With a current aftersales portfolio of over 280 garages in the country, Northside will provide support and maintenance of Canoo’s light commercial vehicles (LCVs) for commercial fleet and governm Canoo Inc (GOEV) Q3 2024 Earnings Call Highlights: Navigating Growth and Challenges Amidst ... Canoo Inc (GOEV) reports record revenue and strategic consolidations, while facing production delays and workforce adjustments. Canoo Inc. (GOEV) Reports Q3 Loss, Tops Revenue Estimates Canoo (GOEV) delivered earnings and revenue surprises of 40% and 63.49%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Canoo Inc. Announces Third Quarter 2024 Results Quarterly revenue of $0.9 million, and year-to-date revenue of $1.50 millionQuarterly Adjusted EBITDA was $(37.7) million, an improvement of 2% versus Q3 2023Adjusted Net Loss Per Share was $(0.54), a 67% improvement versus $(1.71) in Q3 2023 and comparable to $(0.61) per share in Q2 2024Quarterly cash outflow of $31.3 million in Q3 2024, compared to cash outflow of $39.4 million in Q2, 2024, a 20.7% reduction between Q3 and Q2 2024, and a 58.6% reduction from Q3 2023.Our consolidation of operat Canoo tested its electric delivery vans for Walmart without airbags despite employees raising red flags, sources say “Everybody in the building—everybody in the company—knew that there was a safety issue,” one former employee says. Canoo Schedules Third Quarter 2024 Earnings Conference Call and Webcast JUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the third quarter ended September 30, 2024 after the market close on Wednesday, November 13, 2024 and host a conference call and webcast at 5 p.m. ET to discuss the results. The call will be hosted by Tony Aquila, Investor, Executive Chairman and Chief Executive Officer, Kunal Bhalla, Chief Financial Officer, and Ramesh M Brokers Suggest Investing in Canoo (GOEV): Read This Before Placing a Bet Based on the average brokerage recommendation (ABR), Canoo (GOEV) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying? Canoo Partners with The AA in the UK for Premium Roadside Assistance Services to Commercial and Government Customers JUSTIN, Texas and LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that the company has signed an agreement with The AA, the UK’s No.1 breakdown provider, to enhance the customer experience with premium service and repair for Canoo’s commercial fleet and government customers throughout the United Kingdom. The AA (Automobile Association) has a rich history in the UK, having been established almost 120 years ago. It has evo Canoo Inc. (GOEV) Laps the Stock Market: Here's Why Canoo Inc. (GOEV) concluded the recent trading session at $0.92, signifying a +0.57% move from its prior day's close. Canoo Inc. (GOEV) Advances While Market Declines: Some Information for Investors In the closing of the recent trading day, Canoo Inc. (GOEV) stood at $0.96, denoting a +0.5% change from the preceding trading day. Wall Street Bulls Look Optimistic About Canoo (GOEV): Should You Buy? According to the average brokerage recommendation (ABR), one should invest in Canoo (GOEV). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock? Performance Overview Trailing total returns as of 12/24/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return GOEV S&P 500 YTD -98.76% +26.63% 1-Year -98.65% +27.03% 3-Year -99.96% +27.81%