Why Churchill Capital IV, Canoo, Electrameccanica (SOLO), and Other Electric Vehicle Stocks Are Down Today

Why Churchill Capital IV, Canoo, Electrameccanica (SOLO), and Other Electric Vehicle Stocks Are Down Today
John Rosevear, The Motley Fool
·2 min read

Shares of quite a few electric vehicle and self-driving-related stocks, including some high-flying names, were trading lower on Thursday afternoon on growing economic concerns in the United States. Canoo Holdings (NASDAQ: GOEV) was down about 13.7%. Churchill Capital IV (NYSE: CCIV), the special purpose acquisition company preparing to merge with Lucid Motors, was down about 5.3%.