Canoo's Genius Strategy?

By Parkev Tatevosian, CFA – Aug 27, 2023 at 5:30AM

NASDAQ: GOEV

Canoo

Market Cap

$179M

Today's Change

(2.59%) $0.07

Current Price

$2.77

Price as of April 26, 2024, 4:00 p.m. ET

Management highlighted the strategic choice that lowers risk for itself and investors.

Fool.com contributor Parkev Tatevosian discusses Canoo's (GOEV 2.59%) go-to-market strategy and what it means for investors.

*Stock prices used were the afternoon prices of Aug. 23, 2023. The video was published on Aug. 25, 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. His opinions remain his own and are unaffected by The Motley Fool.