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Canoo (GOEV): 2024 Reverse Split – Revival or Ruin?
Canoo (GOEV) 1-for-20 Reverse Stock Split: What Investors Need to Know
In this video, we dive into Canoo Inc's (NASDAQ: GOEV) 1-for-20 reverse stock split and what it means for investors in 2024. ���� Stock Split Explained.
Founded in 2017, Canoo is a key player in the exciting electric vehicle (EV) sector. Despite its potential, the company faces operational challenges and cautious investor sentiment. We break down why reverse stock splits happen, how they impact stock prices, and what this move could signal for Canoo’s future on the Nasdaq, Part 1.
-Canoos stock consolidation: For every 20 shares, investors receive 1 share.
-Compliance with Nasdaqs $1 bid requirement: Why this corporate action was necessary.
-Investor sentiment and price targets: Is a $3.02 target realistic, or are risks too high?
-Reverse stock splits explained: What they mean for shareholders and market confidence.
Why Watch?
Understand the impact of corporate actions like reverse splits and gain insights into what investors should monitor after the split.
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Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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MonkeyGee : The CEO is just a spam. Just keep doing reverse splits
TopNavs OP MonkeyGee : Have to keep the stock above $1
MonkeyGee TopNavs OP : yeah, it takes 50 years to create a car. by that time we flying EV. Just read between the lines
TopNavs OP MonkeyGee : Have hard proof? Elon didn't take 50. They are 7 years old and IPOd in 2020. I think your emotions got you into trouble.
MonkeyGee TopNavs OP : not talking about tesla. We are talking about goev right?
TopNavs OP MonkeyGee : Depends. You said it takes 50 years to create a car. Are you gonna get specific with facts, or are we just mad?
MonkeyGee TopNavs OP : I'm just saying that Canoo has been talking about a car year after year and has nothing to show for it. People don't get it. there is probably no car just Tesla with a new skin!
TopNavs OP MonkeyGee : I brought some facts with me to squash this. Source: 5 second google search. "Focused on concept & design." Also has vehicles for sale. Updated Dec 16th for the 2nd photo. Confirmed by the source "Manager, Sales Operations."
MonkeyGee TopNavs OP : You know what I say to that. Reverse Split! GoEV makes announcements every year about delivery but never see it
TopNavs OP MonkeyGee : So your best judgment is telling you not to invest. Got it.
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