Canoo Inc (GOEV) is trading 9% higher at $3.665 today. So far the Consumer Discretionary sector has been having a cheerful day, and the share price of the company is quickly outmatching it's peers.

Canoo Inc has been trading between a 52-week high of $13.35 and a 52-week low of $1.75. The stock has a market cap of $1 Billion.

Canoo is a Los Angeles-based company that has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that defies traditional ownership to put customers first. Distinguished by its experienced team – totaling over 350 employees from leading technology and automotive companies – Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses.

Canoo, Walmart InHome launch advanced deliveries for LDVs
Seeking Alpha 08-23-22

CANOO INVESTIGATION CONTINUED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Canoo Inc. - GOEV, GOEVW
Business Wire 08-21-22

Canoo: Yet Another SPAC Birthed EV Debacle (NASDAQ:GOEV)
Seeking Alpha 08-21-22

CEO Tony Aquila Just Bought Canoo (GOEV) Stock. Here’s Why.
InvestorPlace 08-17-22

Canoo Stock News and Forecast: GOEV surges on CEO purchases
FXStreet 08-17-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

mstack - 2 upvotes - source
I lost 1k with goev calls. Bad

BeTheBeach - 2 upvotes - source
Will GOEV ever actually make and deliver the vehicles?

sobewankanobe - 1 upvotes - source
WMT ordering vehicles from GOEV but will they take a stake in the company? 

Desperate_Bet_1845 - 1 upvotes - source
Goev

Perfume_gir - 1 upvotes - source
I’m the only one buying GOEV it seems…..I just keep buying the dip.

RandyTomfoolery - 1 upvotes - source
I know the love of GOEV has died off here some, but it wants to run so bad. Starting to gett better and better news all the time.

Desperate_Bet_1845 - 1 upvotes - source
Goev and Canoo seem to hit the 3.40 and bulll up to 5 again

Desperate_Bet_1845 - -1 upvotes - source
Goev canoo