Canoo files for Chapter 7 bankruptcy
FuzzMartin Canoo (NASDAQ:GOEV) filed for Chapter 7 of the U.S. bankruptcy code. Recently, the company’s executives were...
Tag: GOEV
Canoo to implement reverse stock split
Canoo (NASDAQ:GOEV) said it will implement a 1-for-20 reverse stock split. The split will become effective on December...
Canoo furloughs 82 employees, idles factories in Oklahoma
Henrik5000/E+ via Getty Images Canoo (NASDAQ:GOEV) said on Wednesday that the company has furloughed 82 employees, both...
The Final Stretch? Canoo Is Running Out Of Time And Options
Summary: Canoo is running out of cash, with $5.7 million in cash & short-term investments and a $43 Mln loss. I think...
Abandon Ship: Why Canoo Isn’t Worth The Risk
Summary: Canoo's stock has plummeted since December 2020 due to a myriad of issues.The company has never generated positive...
Canoo closes in on profitability as cost-cutting efforts continue to pay off
halbergman/E+ via Getty Images Shares of commercial EV manufacturer Canoo (NASDAQ:GOEV) are gaining ground in after-hours...
Canoo Non-GAAP EPS of -$0.54 beats by $0.20, revenue of $0.89M misses by $0.91M
Canoo press release (NASDAQ:GOEV): Q3 Non-GAAP EPS of -$0.54 beats by $0.20. Revenue of $0.89M (+71.2% Y/Y) misses by...
Canoo Joins Watchlist Flashing Red
Summary: Canoo's poor balance sheet, heavy losses, and unsustainable cash burn have materially clouded its future...
Canoo: Revenue Struggles Continue
Summary: Canoo has seen a significant drop in share price from over $572 to just $1.50, with minimal revenues and...
Canoo: Solid Product Strategy, But Share Dilution And Poor Track Record Should Deter Investors
Summary: Canoo has a solid product strategy, focusing on a flexible vehicle platform and the underserved niche of light...