Why Canoo Stock Got Torpedoed Today

Shares of beleaguered electric vehicle (EV) start-up Canoo (NASDAQ: GOEV), which got torpedoed after reporting a big $90 million loss in March, are sinking even lower today, down 8% in 2:20 p.m. EDT trading.

You can blame Bank of America (BofA) for that.

Image source: Getty Images.

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Source Fool.com