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Why Canoo Stock Plummeted 35.5% in December


Canoo (NASDAQ: GOEV) stock sank 35.5% in December, according to data from S&P Global Market Intelligence. The electric vehicle (EV) maker's share price crumbled in response to the spread of the coronavirus omicron variant and comments from the Federal Reserve suggesting a more challenging economic backdrop for growth. 

GOEV Chart

GOEV data by YCharts

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Source Fool.com

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