Why EV Stocks Got Crushed This Week
Electric vehicle stocks had a rough week as investors started to rethink the recent bullishness about the industry.
According to data provided by S&P Global Market Intelligence, shares of Canoo (NASDAQ: GOEV) have dropped 21.7% from the close of trading last Friday to 11:30 a.m. ET today, Fisker (NYSE: FSR) is down 11.6% in that time, and Lucid (NASDAQ: LCID) is off 15%.
Source Fool.com