The stock is down considerably off its highs, which has many stock market investors curious.
Fool.com contributor and finance professor Parkev Tatevosian evaluates Canoo's (GOEV 4.89%) business prospects in the short and long term to provide insights into what's going on with Canoo stock.
*Stock prices used were the afternoon prices of June 1, 2023. The video was published on June 3, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link he will earn some extra money that supports his channel. Their opinions remain their own and are unaffected by The Motley Fool.
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