Canoo stock has been on the rise since Tuesday after the company reported Q3, 2021 earnings and said it will begin production of its first electric vehicle sooner than anticipated.
To help stock investors who want to buy Canoo stock, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
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What is Canoo stock?
Canoo stock is the stock of Canoo Company and it trades on NASDAQ under the symbol NASDAQ: GOEV.
Canoo is an electric vehicle manufacturer startup based in the US. It is yet to start production but it plans to start selling electric minivans in 2022.
Canoo aims at producing commercial electric vehicles like vans that can be used for ride-sharing and vehicle rentals.
Should I buy the NASDAQ: GOEV stock today?
Yes, Canoo stock has shown a strong performance even though the company is yet to start production.
Lucid stock price prediction
Canoo stock price is expected to skyrocket once the company rolls out its first electric vehicle.
$GOEV stock social media coverage
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