Why Canoo Stock Popped, but QuantumScape and Lucid Just Dropped
The Motley Fool
AUGUST 1, 2023
What happened It's a mixed day for electric vehicle (EV) stock investors Tuesday, as shares of battery researcher QuantumScape (NYSE: QS) and luxury EV maker Lucid Group (NASDAQ: LCID) tumble 6.8% and 5.7%, respectively, through 12:05 p.m. ET. Meanwhile, EV start-up Canoo (NASDAQ: GOEV) is deftly maneuvering around the pileup, and tacking on a 2% gain -- not quite as impressive as Canoo's 19% run-up on Monday, but still a neat trick, considering.
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