The price of Canoo stock has been rising since the beginning of October after it announced that the automaker would start production sooner than planned.
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.
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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.
Yes, Canoo stock has shown a strong performance even though the company is yet to start production.
Canoo stock price is expected to skyrocket once the company rolls out its first electric vehicle.
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