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Why did Canoo stock drop today? New shares were issued by the EV startup

Feb. 06, 2023 4:49 PM ETCanoo Inc. (GOEV) StockBy: Clark Schultz, SA News Editor7 Comments

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Canoo (NASDAQ:GOEV) fell 12.40% on Monday after the electric vehicle maker announced the issuance of 50M shares of the company's common stock together with warrants to purchase up to 50M shares at a combined purchase price

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