US electric vehicle (EV) startup Canoo has filed for bankruptcy and has ceased operations with immediate effect, seven years after it was founded. Billing itself as “an advanced high-tech mobility ...
Canoo is either going through a “near-death experience” or is a “deep discount bargain.” While the company is testing an electric pick-up truck called the American Bulldog, its future ...
Stifel analyst Stephen Gengaro downgraded Canoo (GOEV) to Hold from Buy with a price target of 50c, down from $4.50. The firm cites the company’s need for capital and its recent announcement ...