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.
Source Fool.com