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

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

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%.