The Canoo Chatter on Reddit That Has GOEV Stock Cruising Higher Today

Canoo (NASDAQ:GOEV) stock is catching the interest of traders on Reddit thanks to a post pointing out the strong short-squeeze potential it has.

Canoo (GOEV Stock) logo displayed on smartphone screen as well as in background on yellow wall

Source: shutterstock.com/rafapress

That post is currently doing incredibly well on the WallStreetBets subreddit. As of this writing, it has 1,300 upvotes with more than 170 comments. That comes as no surprise as Reddit traders love to burn shorts when given the chance.

Let’s take a look at what else Reddit traders are saying about GOEV stock today.

GOEV Stock Reddit Talk

“The GOEV/Canoo crew are invested in shares, warrants, and leaps. This is purely a WSB Pump (and probably soon dump). We’re happy to go along for the ride though.” — wannarave

“Unlike a lot of these EV companies, GOEV has some models driving around and they are looking good. They are moving forward with a solid development and management team and have plenty of cash to keep going. I think they are just as likely to be successful as Rivian. I think this could be a 2X and if we get another bull EV market this is one of the best to risk some $$ on.” — Phx-Jay

“I knew I should have bought puts on GOEV as soon as I seen people saying it’s gonna moon.” — Available_Stock4224

“GOEV actually hanging on pretty well is this thing gonna make a second move or is it done?” — braamdepace

“Holy shit, another positive headline where I’m not going to read the content. That’s 3 in a row. Definitely buying more. $GOEV to the moon!” — sm0ke1cs

GOEV stock is up 13.7% as of noon Thursday.

There’s more recent stock market news that traders will want to know about below!

InvestorPlace has all of that news collected in one place for easy access. Among it is the latest concerning Blackberry (NYSE:BB), Eargo (NASDAQ:EAR), and Argo Blockchain (NASDAQ:ARBK) shares today. You can find all of that info at the following links!

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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

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Article printed from InvestorPlace Media, https://investorplace.com/2021/09/the-canoo-chatter-on-reddit-that-has-goev-stock-cruising-higher-today/.

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