Here is the new 12-month forecast for Canoo Inc($GOEV)

Market Data

ACB is a stock of interest due to the large impact the company has on the market. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about ACB. We will be studying the movement so you can make the best decision as an investor. The stock has moved $0.48 from yesterday’s closing price of $8.49. The high for today is $8.9799 and the low for today is $8.3601. Let’s learn more about the company and then get into the forecast.

Company Description

Canoo is a Los Angeles-based company that has developed breakthrough electric vehicles, 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 – numbering 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 expects to launch its first consumer model in 2022, simply named the canoo and available by subscription, followed shortly after by a multi-purpose delivery vehicle and a sport vehicle, each built off of the same underlying platform.

Stock Forecast

As an investor, you can get an idea of where the stock is trending by the forecast. In this case, ACB is projected to have a price of $ACB in one year which is a 86.1979598662207% change. They have a strong market cap of $1171.235 and a very bright future ahead of them. Make sure to subscribe to our newsletter to never miss an update!”

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